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Most economic models for time allocation ignore constraints on what people can actually do with their time. Economists recently have emphasized the importance of considering prior consumption commitments that constrain behavior. This research develops a new model for time valuation that uses...
Persistent link: https://www.econbiz.de/10012465052
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 for men increased by 6-8 hours per week (driven by a decline in … leisure corresponds to roughly an additional 5 to 10 weeks of vacation per year, assuming a 40-hour work week. Alternatively …
Persistent link: https://www.econbiz.de/10012466587
From the theoretical point of view, the justification for aggregating leisure and work at home into one entity, "non … socioeconomic variables than is leisure, and this paper shows that the aggregation is also suspect from the analytical point of view …
Persistent link: https://www.econbiz.de/10012478992
This paper examines inequality in both leisure and consumption over the past four decades using time use surveys … most of the long run variation in leisure. We then use these characteristics to predict the distribution of leisure in the … that it gives us measures of consumption and leisure at the family level within a single data source. We find that leisure …
Persistent link: https://www.econbiz.de/10012480851
Hundreds of papers have investigated how incentives and policies affect hours worked in the market. This paper examines how income taxes affect time allocation in the other two-thirds of the day. Using the Panel Study of Income Dynamics from 1975 to 2004, we analyze the response of single...
Persistent link: https://www.econbiz.de/10012463066
-2005. We find that the time individuals have allocated to leisure has increased in the U.S. for both men and women during this … increase in leisure inequality, particularly for men. Over the last 20 years, less educated men increased the time they … allocated to leisure while more educated men recorded a decrease in leisure time. While the relative decline in the employment …
Persistent link: https://www.econbiz.de/10012464809
-market activities, reducing leisure time and mostly increasing time devoted to household production. Similar results are found using …
Persistent link: https://www.econbiz.de/10012465527
the ratio of home production to leisure time is approximately constant for both family members. We then build a model of … conclude that this fact suggests a relatively large elasticity of substitution between the leisure of the two members. For … substitution for leisure …
Persistent link: https://www.econbiz.de/10012453451
In this paper, we use a variety of different techniques to overcome the measurement error problems with the CE. First, we use data from the diary component of the CE, focusing on categories where measurement error has been found to be less of an issue. Second, we explore inequality measures...
Persistent link: https://www.econbiz.de/10012460677
Prior to July 2009, salaries of the members of the European Parliament were paid by their home country and there were substantial salary differences between parliamentarians representing different EU countries. Starting in July 2009, the salary of each member of the Parliament is pegged to 38.5%...
Persistent link: https://www.econbiz.de/10012461329