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Aguiar, Mark; Hurst, Erik; Karabarbounis, Loukas - National Bureau of Economic Research (NBER) - 2011

We use data from the American Time Use Survey (ATUS), covering both the recent recession and the pre-recessionary period, to explore how foregone market work hours are allocated to other activities over the business cycle. Given the short time series, it is hard to distinguish business cycle...

Persistent link: https://www.econbiz.de/10009228880

Measuring Trends in Leisure: The Allocation of Time Over Five Decades

Aguiar, Mark; Hurst, Erik - National Bureau of Economic Research (NBER) - 2006

In this paper, we use five decades of time-use surveys to document trends in the allocation of time. We find that a dramatic increase in leisure time lies behind the relatively stable number of market hours worked (per working-age adult) between 1965 and 2003. Specifically, we show that leisure...

Persistent link: https://www.econbiz.de/10005034910

Deconstructing Lifecycle Expenditure

Aguiar, Mark; Hurst, Erik - National Bureau of Economic Research (NBER) - 2008

In this paper we revisit two well-known facts regarding lifecycle expenditures. The first is the familiar "hump" shaped lifecycle profile of nondurable expenditures. We document that the behavior of total nondurables masks surprising heterogeneity in the lifecycle profile of individual...

Persistent link: https://www.econbiz.de/10005723172

Parental Education and Parental Time With Children

Guryan, Jonathan; Hurst, Erik; Kearney, Melissa Schettini - National Bureau of Economic Research (NBER) - 2008

Parents invest both their material resources and their time into raising their children. Time investment in children is … thought to be critical to the development of "quality" children who will become productive adults. This paper has three goals … related to the examination of parental time allocated to the care of their children. First, using data from the recent …

Persistent link: https://www.econbiz.de/10005050079