Motivation to Work, Labor Income Taxes and Life Satisfaction: Hungary, Estonia, Continental Europe and the United States

Nadirov, O., & Aliyev, K. (2016). Motivation to work, labor income taxes and life satisfaction: Hungary, Estonia, Continental Europe and the United States. In 3rd Global Conference on Business, Economics, Management and Tourism. pp.373-379. Elsevier Science BV.

7 Pages Posted: 31 Jul 2020

See all articles by Orkhan Nadirov

Orkhan Nadirov

affiliation not provided to SSRN

Khatai Aliyev

Azerbaijan State University of Economics (UNEC); Baku Engineering University

Date Written: 2016

Abstract

The primary findings of this paper are that the increase in hours worked per employee comes at the expense of life satisfaction, and differences in labor income taxes cannot account for differences in time allocation. Once life satisfaction is included, the hypotheses of previous neoclassical economic studies is almost irrelevant in determining the response of market hours to higher taxes. We find a negative relationship between hours worked across countries and life satisfaction. In the countries with the highest hours worked (Hungary, Estonia), leisure is generally preferred to wealth and in the lowest hours worked ( France, Germany), wealth is preferred to leisure.

Keywords: Motivation to Work; Hours Worked; Life Satisfaction; Labor Income Tax

Suggested Citation

Nadirov, Orkhan and Aliyev, Khatai, Motivation to Work, Labor Income Taxes and Life Satisfaction: Hungary, Estonia, Continental Europe and the United States (2016). Nadirov, O., & Aliyev, K. (2016). Motivation to work, labor income taxes and life satisfaction: Hungary, Estonia, Continental Europe and the United States. In 3rd Global Conference on Business, Economics, Management and Tourism. pp.373-379. Elsevier Science BV., Available at SSRN: https://ssrn.com/abstract=3643535

Orkhan Nadirov

affiliation not provided to SSRN

Khatai Aliyev (Contact Author)

Azerbaijan State University of Economics (UNEC) ( email )

Istiglaliyyat street 6
Baku, AZ Az1001
Azerbaijan

Baku Engineering University ( email )

Hasan Aliyev str. 120
Khirdalan, Baku AZ 0101
Azerbaijan

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