%0 Journal Article 
%A García Sánchez, Antonio
%A Vázquez Méndez, María del Mar
%T When should we work? A theoretical approach
%D 2011
%U http://hdl.handle.net/10317/1895
%X This paper analyzes  exibility in working hours from a theoretical point of view. The aim of this analysis is
not only how much work is performed, but also when it is performed. In this context  exibility is understood as
the capacity to match the preferences of workers well to the  rm s needs. We draw up a model for determining
the schedules in an economy with heterogeneous agents. Types are distinguished by their preferences for
leisure time or production time. First we de ne the economy without  exibility. Then we analyze, under
 exibility, what the optimal working schedule would be for each worker type. This is conditioned by the
capital used in the plant. The baseline model solves the assignment of di¤erent types of workers to di¤erent
production plants in a competitive equilibrium. The model enables us to determine what capital stock the
plants must have and during what period they should be used in order that they adjust to the preferences.
The  exible results, that conform to the preferences of  rms and workers, it is optimal, e¢ cient and reaches
the maximum instantaneous aggregate production of the economy.
As an extension of the model we analyze the possibility of working at home. In this case the capital stock
does not condition the work schedule. Thus, not only the time of work, but also the workplace turn into
endogenous variables.
%K Fundamentos del Análisis Económico
%K Flexibility
%K Heterogeneity
%K Work schedule
%K Production plant
%~ GOEDOC, SUB GOETTINGEN