This article adopts Becker's allocation of time framework to describe households' choices concerning both their monetary and time use expenditures in order to propose a new method to derive price elasticity at a micro level. Price and full income elasticities are estimated on a matching of a...

Although the number of immigrant households in the Netherlands is substantial, the labor supply choices of this group are usually neglected in empirical studies because these households are usually under-sampled. We use a stratified sample of Turkish, Surinamese/Antillean and Dutch households...

In this paper we consider an empirical collective household model of time allocation for twoearner

In this paper an empirical model is developed where the collective household model is used as a basic framework to describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household utility function which is a weighted sum of the utility...

The statistical match of a Family Budgets survey and Time Use survey (INSEE 2000) makes possible, once evaluated the cost of the time, the estimation of the full expenditure of household integrating the value of the domestic production and the monetary expenditure. The full cost of the child...

In this article, the size of informal economy is measured by using the full price method proposed by Gardes F. (2014). As an extension of this method, price elasticities are re-estimated by integrating the underreported earning shares both for wage workers and self-employers from cross-sectional...

This paper is a comment on the analysis of “Time Use During the Great Recession” conducted by Aguiar, Hurst and Karabarbounis. We derive an opportunity cost by exploring the substitution between individual's time and monetary resources and show that the changes in non-market activities...