ABSTRACT
At the end of this chapter, readers should have an understanding of:
The multi-dimensional nature of labour supply;
The distinction between income and substitution effects and how a backward-sloping labour supply curve is possible;
How family income, taxes and overtime result in non-linearities in the labour supply function;
The effect of the standard work-week on supply choices of individual workers;
Why employers might prefer to have lower standard wage rates and higher overtime wage premium payments;
What determines the incidence of part-time work, overtime working, absence rates and double-jobbing.
