The demand for leisure time in the presence of constrained work hours

This article presents a labor supply model designed to address situations o f overemployment or underemployment in the labor market. Previous labor sup ply models have taken the possibility of work hour constraints into conside ration but typically assumed that the existence of fixed work hours only in fluenced the decision of labor force participation. This ignores situations in which individuals choose to be employed at fixed-hour jobs even though these jobs do not offer the desired work hours. (JEL J22).