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Since World War II there has been: (i) a rise in the fraction of time that married households allocate to market work, (ii) an increase in the rate of divorce, and (iii) a decline in the rate of marriage. What can explain this? It is argued here that technological progress in the household...
Persistent link: https://www.econbiz.de/10005791474
corresponding wealth effect; (ii) The enhanced value of time off from work, due to the advent of time-using leisure goods; (iii) The … reduced need for housework, due to the introduction of time-saving appliances. These mechanisms are incorporated into a model …
Persistent link: https://www.econbiz.de/10005084464
care, and leisure. The chapter concludes with a discussion of why these patterns are important to macroeconomics and spells …
Persistent link: https://www.econbiz.de/10014024263
The time household members in industrialized countries spend on housework and shopping is substantial, amounting on … should also note the impact of tax policy on housework time and consider ways to reduce the distortions caused by sales and …
Persistent link: https://www.econbiz.de/10011430529
The Ben-Porath (1967) mechanism suggests that prolonging the period during which individuals may receive returns on their investment spurs investment in human capital and causes growth. An important, albeit implicit implication of this mechanism is that the total labour input over a lifetime...
Persistent link: https://www.econbiz.de/10005498180
Labor taxes and unemployment compensation were blamed for causing relative declines in labor supply in the EU to the US in the past decades. We propose a model with an endogenous labor force and compare with the model with an exogenous labor force. Because of discouraging the labor force, labor...
Persistent link: https://www.econbiz.de/10011194155
Persistent link: https://www.econbiz.de/10011642734
the gender wage gap—a central issue—and of course the still far from equal sharing of housework, the chapter also reviews …
Persistent link: https://www.econbiz.de/10014025339
Marriage has declined since 1960, with the drop being bigger for non-college educated individuals versus college educated ones. Divorce has increased, more so for the non-college educated. Additionally, positive assortative mating has risen. Income inequality among households has also widened. A...
Persistent link: https://www.econbiz.de/10011184081
additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … duration and the split of time between household production and leisure. U.S. data for 2003-2006 show that almost none of the …
Persistent link: https://www.econbiz.de/10005123843