Reference-dependent behaviour of paua (abalone) divers in New Zealand

dc.contributor.author	Eggert, Håkan
dc.contributor.author	Kahui, Viktoria
dc.date.accessioned	2011-08-26T09:20:51Z
dc.date.available	2011-08-26T09:20:51Z
dc.date.issued	2011-08
dc.identifier.issn	1403-2465
dc.identifier.uri	http://hdl.handle.net/2077/26589
dc.description	JEL classification: J01; J22	sv
dc.description.abstract	We study dynamic labour supply using data on paua (abalone) divers in New Zealand. The divers face stable, flat prices per kilogram after each catch, but experience transitory wage changes due to varying weather and water conditions, and are free to vary their daily working hours and display an intermittent working pattern. We find non-linear wage elasticities, rejecting the standard neo-classical prediction. We explore potentially distorting factors, but find little evidence. Applying Kőszegi and Rabin’s (2006) theory where workers have both income and hours targets could explain our result. In particular, our divers appear to be primarily guided by the hours target.	sv
dc.language.iso	eng	sv
dc.relation.ispartofseries	Working Papers in Economics	sv
dc.relation.ispartofseries	513	sv
dc.subject	labour supply	sv
dc.subject	wage elasticity	sv
dc.subject	income e target	sv
dc.subject	reference-dependent preferences	sv
dc.title	Reference-dependent behaviour of paua (abalone) divers in New Zealand	sv
dc.type	Text	sv
dc.type.svep	report	sv
dc.contributor.organization	University of Gothenburg, Dept of Economics/University of Otago, Dept of Economics	sv