Sleep, Worker's Health, and Social Welfare

Yoshida, Ken (2021): Sleep, Worker's Health, and Social Welfare.

Abstract

The aims of this paper are to construct a theoretical model treating sleep as investment in health capital and to analyze how sleep affects a worker's health capital and social welfare. By regarding sleep as investment in health capital and including sleep in time constraint, it was revealed how workers decide hours slept. Of particular importance is the result that a worker stores their health capital by taking more sleep than the optimal value at a young age, and this leads to increased output. Moreover, we identified a complementary relation between consumption and labor supply. These results showed that policies to reduce hours worked could improve worker's health capital and social welfare.

• Item Type: MPRA Paper
• Language: English
• Keywords: sleep; worker's health; social welfare; health investment; sleep--consumption model.
• Subjects: I - Health, Education, and Welfare > I1 - Health > I18 - Government Policy ; Regulation ; Public Health; I - Health, Education, and Welfare > I1 - Health > I19 - Other; I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I31 - General Welfare, Well-Being

References

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