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Stress that doesn't pay : the commuting paradox

Stutzer, Alois and Frey, Bruno S.. (2008) Stress that doesn't pay : the commuting paradox. The Scandinavian journal of economics, Vol. 110, H. 2. S. 339-366.

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Official URL: http://edoc.unibas.ch/dok/A5248811

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Abstract

People spend a lot 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, we find that people with longer commuting time report systematically lower subjective well-being. This result is robust with regard to a number of alternative explanations. We mention several possibilities of an extended model of human behavior able to explain this "commuting paradox".
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Politische ├ľkonomie (Stutzer)
UniBasel Contributors:Stutzer, Alois
Item Type:Article, refereed
Bibsysno:Link to catalogue
Publisher:University of Stockholm
ISSN:0347-0520
Note:Publication type according to Uni Basel Research Database: Journal article
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Last Modified:22 Mar 2012 14:28
Deposited On:22 Mar 2012 14:03

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