Showing 1 - 10 of 463
-market activities, reducing leisure time and mostly increasing time devoted to household production. Similar results are found using … time-diary data for Australia, Germany and the Netherlands. Direct estimates of the utility derived from goods consumption …
Persistent link: https://www.econbiz.de/10012760079
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/10013121058
Recent research has documented that income inequality in the United States has increased dramatically over the prior three decades. There has been less of a consensus, however, on whether the increase in income inequality was matched by an equally large increase in consumption inequality. Most...
Persistent link: https://www.econbiz.de/10013107973
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/10012759700
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/10012928992
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/10013220538
-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/10012751592
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/10013322132
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/10013149825
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/10014045896