Punching the Clock, Hitting the Sack :
Year: 2019
Type: dissertation
Study design: Observational Study
Abstract: Experimental psychologists have extensively investigated the connection between sleep and productivity. Few economists, however, have addressed the question using real-world data: is sleep a productive component of human capital or a mere biological necessity, to be regarded as a leisure activity? I estimate the causal e?ect of sleep duration on labor productivity using time use, demographic, and labor market data from the 1994-1998 rounds of the Russia Longitudinal Monitoring Survey. Following Gibson and Shrader (2018), I leverage seasonal and geographic variation in sunset times as instruments for sleep duration. Although a di?erent sunset-sleep relationship emerges in the Russian context than in previous literature, the long-run instrument schemes are strong in the Olea and P?ueger (2013)-test for weak instruments. A one-hour increase in sleep duration causes a small decrease in income and an insigni?cant decline in wage in the short run. In the long run, a one-hour change in weekly sleep duration leads to a 12% increase in income and a 15% increase in wage, prompting several policy recommendations to address potential optimization failure.
Source: Figshare
Author: Christian A. Schmitt (14101755)
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7052303838