Our study shows that the household production theory illuminates the behavior of households in the allocation of time … and consumption expenditures. Among the noteworthy findings derived from our data, the various household non-market time … rates for both young and elderly households reduces their time spent on household nonmarket activities, such as child care …

We combine annual stock market data for the most important equity markets of the last four centuries: the Netherlands …/U.K. (1629-1812), U.K. (1813-1870) and U.S. (1871-2015). We show that dividend yields are stationary and consistently forecast …

in labor force participation has been accompanied by changes in allocation of time to various activities in the household … as well. Since the proportion of women in the labor force has been rising, the average amount of time input to household … tasks by all women has been declining over the last 50 years. It is valuable to analyze this in the household production …

relationships among household members poses challenges for benefit estimation since it is unlikely that the conditions necessary for … recovering the underlying individual preferences from household choices are satisfied in this setting. We propose a conceptual … relationships for household members of different ages to test the implications of our conceptual model. Respondents' choices take …

model uniformly outperforms the random walk forecast …