Most economic models for time allocation ignore constraints on what people can actually do with their time. Economists … household time allocation. The empirical results support the framework and find an increasing marginal opportunity cost of time …

Major strands of recent macroeconomic theory hinge on the relation of workers' efforts to their wages, but there has …

In this paper, we use five decades of time-use surveys to document trends in the allocation of time. We find that a …

rate of learning and real growth. Individuals' time allocation decisions depend on the knowledge distribution because the … for this economy, thereby obtaining a theory of endogenous growth that captures in a tractable way the social nature of … knowledge creation. We also study the allocation chosen by an idealized planner who takes into account and internalizes the …

Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than …

Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element … intrahousehold allocation of resources and welfare. We show how the sharing rule, which characterizes the within household … population because it ignores public goods and the allocation of time to market work, leisure and household production. We …