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I show that recreation has become much more egalitarian over the last hundred years by estimating recreational expenditure elasticities in 1888-1890, 1917-1919, 1935-1936, 1972-1973, and 1991. I find that expenditure elasticities have fallen from around two at the beginning of the century to...
Persistent link: https://www.econbiz.de/10012472760
health. Many prior studies have relied primarily on leisure-time physical activity, which typically constitutes only about 10 … activity during leisure-time and also during in many other activities such as walking to work, home maintenance, shopping and … shown that non-work physical activity has a positive impact on health while work physical activity has a negative impact on …
Persistent link: https://www.econbiz.de/10012461245
employment on family well-being, measured by maternal mental and overall health, parenting stress, and parenting quality. First … symptoms and self-reported parenting stress, and negatively associated with self-rated overall health among mothers. Compared … whole, we find only weak evidence that maternal work hours are associated with maternal health, and no evidence that …
Persistent link: https://www.econbiz.de/10012461445
I use consumer expenditure surveys from 1888-1890, 1917-1919, 1935-1936, 1972-1973, and 1991 to determine whether trends in real income per capita are consistent with trends in recreational budget shares and to establish trends in inequality in recreational expenditures. I find that changes in...
Persistent link: https://www.econbiz.de/10012471646
The object of this paper is to examine the importance of capital market assumptions. A special continuous-time model is developed in sections II-IV which is applicable to the perfect capital market case. It can also be used when there is no capital market at all (section IV). For 'reasonable'...
Persistent link: https://www.econbiz.de/10012478922
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
consider are income effects in preferences, in which leisure becomes more valuable when income rises, and distortionary tax …
Persistent link: https://www.econbiz.de/10012480498
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
per worker have also been on a steady decline. As recreation goods make leisure time more enjoyable, we investigate if the … for the changing price of leisure faced by these groups over time. We then construct a macroeconomic model with general … that a large part of the decline in hours worked can be explained by the declining price of leisure. In contrast, we find …
Persistent link: https://www.econbiz.de/10012481292
implications for how aggregate labor supply responds to changes in taxes. In the first model, curvature in the utility from leisure … extent of curvature in the utility from leisure function …
Persistent link: https://www.econbiz.de/10012462022