Munich Personal RePEc Archive

Sleep, Worker's Health, and Social Welfare

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

[img]
Preview
PDF
file.pdf

Download (224kB) | Preview

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.

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.