Has leisure increased over the last century? Standard measures of hours worked suggest that it has. In this paper, we … develop a comprehensive measure of non-leisure hours that includes market work, home production, commuting and schooling for …. Finally, leisure per capita is approximately the same now as it was in 1900 …

return on capital, output growth rates, tax progressivity, top income shares, and heterogeneity in saving rates and …

resolving a number of the puzzles: The dependence of domestic investment on domestic saving falls by half or disappears entirely … a dynamic multicountry model of international trade, production, and investment to data from 19 countries to assess this … dramatically, changes in consumption become more correlated across countries, mitigating the consumption correlations puzzle and …