NBER WORKING PAPER SERIES
LEISURE LUXURIES AND THE LABOR SUPPLY OF YOUNG MEN
Kerwin Kofi Charles
Working Paper 23552
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Cambridge, MA 02138
We thank Shirley Yarin and Hyun Yeol Kim for outstanding research assistance. We also thank
Thomas Crossley, Matt Gentzkow, Patrick Kehoe, John Kennan, Pete Klenow, Alan Krueger,
Hamish Low, Kevin Murphy, and Yona Rubinstein, as well as seminar participants at Berkeley,
Board of Governors of the Federal Reserve, Boston University, Chicago, Columbia, Harvard,
Houston, IIES Stockholm, LSE, Penn, Princeton, Stanford, UCL, UIC, Wharton, and the Federal
Reserve Banks of Atlanta, Chicago and Richmond for helpful comments. The views expressed
herein are those of the authors and do not necessarily reflect the views of the National Bureau of
NBER working papers are circulated for discussion and comment purposes. They have not been
peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies
official NBER publications.
© 2017 by Mark Aguiar, Mark Bils, Kerwin Kofi Charles, and Erik Hurst. All rights reserved.
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