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Author: | Stutzer, A. Frey, B.S. |
Title: | Stress that doesn't pay: the commuting paradox |
Journal: | Scandinavian Journal of Economics
2008 : VOL. 110: 2, p. 339-366 |
Index terms: | commuter transport stress welfare |
Language: | eng |
Abstract: | Many people spend lots of time commuting and often find it a burden. According to standard economics, the burden of commuting is chosen when compensated either on the labor or on the housing market so that individuals' utility is equalized. However, in a direct test of this strong notion of equilibrium with panel data, it is found that people with longer commuting time report systematically lower subjective well-being. |
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