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The conventional view is that Americans work longer hours than Germans and other Europeans but when time in household production is included, overall working time is very similar on both sides of the Atlantic. Americans spend more time on market work but German invest more in household...
Persistent link: https://www.econbiz.de/10005762246
utility derived from leisure time often benefits from the presence of companionable others inside and outside the household … propensities to engage in associative activity depend on the availability of Suitable Leisure Companions outside the household. Our …
Persistent link: https://www.econbiz.de/10005822535
externalities in leisure. In this study, we investigate how retirement affects the hours of leisure together of individuals in a … effect of retirement on hours of leisure separate and together of individuals in a couple. We find that the retirement … retirement of the husband significantly increases own hours of leisure of the husband but it does not increase joint leisure …
Persistent link: https://www.econbiz.de/10010884286
The implementation of Gary Becker's (1965) time allocation model is hampered by the fact that values of the different time uses are usually not observed. In practice, one often assumes that the value of time is uniform across time uses by using market wages. This approach implies a fundamental...
Persistent link: https://www.econbiz.de/10011268327
, Chiappori and Meghir (2005). In our model, adults' individual preferences do not only depend on own leisure and individual …
Persistent link: https://www.econbiz.de/10008680889
time devoted to personal care by men and leisure by women. We also find evidence favoring consumption smoothing as the …
Persistent link: https://www.econbiz.de/10010990932
reduction in market time, with the free-up time in Japan reallocated to leisure and personal maintenance, while in Korea the …
Persistent link: https://www.econbiz.de/10011265659
between market work, domestic work and leisure over the life-cycle. In order to map the lifecycle, we distinguish between nine …
Persistent link: https://www.econbiz.de/10005233817
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/10005703131
Using two time-diary data sets each for Germany, Italy the Netherlands and the U.S. from 1985-2003, we demonstrate that Americans work more than Europeans: 1) in the market; 2) in total (market and home production)-- there is no one-for-one tradeoff across countries in total work; 3) at unusual...
Persistent link: https://www.econbiz.de/10005703553