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We study long-run trends in aggregate market hours of work and shifts across economic sectors within the context of balanced aggregate growth. We show that a model of many goods and uneven TFP growth in market and home production can rationalize the observed falling or U-shaped aggregate hours...
Persistent link: https://www.econbiz.de/10005124281
rise of services, driven by structural transformation and marketization of home production, acts as a gender-biased demand …
Persistent link: https://www.econbiz.de/10011084618