Unpaid Work and Income Distribution -Monetary Valuation of Unpaid Work by Income Group-(in Japanese)
Unpaid work is important in income distribution. Family members receive the benefits of unpaid work, such as housework, child care, elderly/nursing care and then get well off. Unpaid work has significant economic value as well as paid work. In this paper the monetary value of unpaid work by income group is estimated and its inequality among income groups is studied. Unpaid work is defined here as work in which the service provider and the service beneficiary are separable (i.e., the service can be provided by a third party) and the service can be provided in the market. This is referred to as "third criteria" and is used internationally. The monetary value of unpaid work is estimated by using wage based upon the number of hours spent on such work, since it is difficult to directly grasp and assess the value of services generated by unpaid work. The monetary value of unpaid work of each income group is not very different and has increased similarly. Therefore the inequality of the monetary value of unpaid work among income groups is very small and has little changed, though the inequality of income has spread. JEL Classification: C81, D13, D31 Keywords: unpaid work, income distribution, SNA
Year of publication: |
2004-08
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Authors: | Kouji, HAMADA |
Institutions: | Economic and Social Research Institute (ESRI), Cabinet Office |
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