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Evidence from the American Time Use Survey 2003-12 suggests the existence of small but statistically significant racial/ethnic differences in time spent not working at the workplace. Minorities, especially men, spend a greater fraction of their workdays not working than do white non-Hispanics....
Persistent link: https://www.econbiz.de/10011607370
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Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than …
Persistent link: https://www.econbiz.de/10011951477
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Economists have devoted substantial attention to firms’ supply of variety, but little to consumers' demand for variety. Employing the framework of home production, we trace differences in demand to differences in the opportunity costs of activities, which are associated with investments in...
Persistent link: https://www.econbiz.de/10003590812
We develop a theory of the market for individual reputation, an indicator of regard by one’s peers and others. The …
Persistent link: https://www.econbiz.de/10003925253
or the amount of information that consumers have are known and tests the implications of the theory. In general there is …
Persistent link: https://www.econbiz.de/10003953272
Product diversity pervades every modern marketplace, and economists have devoted substantial attention to firms' decisions about the supply of variety. This study looks at the consumer's side by discussing the demand for variety. Using the framework of the home-production model, we trace...
Persistent link: https://www.econbiz.de/10012470209
Major strands of recent macroeconomic theory hinge on the relation of workers' efforts to their wages, but there has …
Persistent link: https://www.econbiz.de/10012476258
This study develops alternative quarterly measures of labor costs that refine the published data on hourly earnings and hourly compensation for the period 1953-1978. These new series account for deviations of hours paid for from hours worked, for the tax treatment of wages under the corporate...
Persistent link: https://www.econbiz.de/10012478290