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A Model of the Trends in Hours
Vandenbroucke, Guillaume - Society for Economic Dynamics - SED - 2006
) Households have access to an increasing number of leisure activities which enhance the value of non-market time; (ii) The rise of … decline in the price of leisure goods is second in importance, yet its contribution is large …
Persistent link: https://www.econbiz.de/10005090751
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Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households
Greenwood, Jeremy; Guner, Nezih - C.E.P.R. Discussion Papers - 2007
Since World War II there has been: (i) a rise in the fraction of time that married households allocate to market work, (ii) an increase in the rate of divorce, and (iii) a decline in the rate of marriage. What can explain this? It is argued here that technological progress in the household...
Persistent link: https://www.econbiz.de/10005791474
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Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households
Guner, Nezih; Greenwood, Jeremy - Society for Economic Dynamics - SED - 2004
Since World War II there has been: (i) a rise in the fraction of time that married households allocate to market work, (ii) an increase in the rate of divorce, and (iii) a decline in the rate of marriage. What can explain this? It is argued here that technological progress in the household...
Persistent link: https://www.econbiz.de/10005069467
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Economic Growth, Technical Progress, and Social Capital: the Inverted U Hypothesis
Antoci, Angelo; Sabatini, Fabio; Sodini, Mauro - Volkswirtschaftliche Fakultät, … - 2011
We set up a theoretical framework to analyze the possible role of economic growth and technical progress in the erosion of social capital. Under certain parameters, the relationship between technical progress and social capital can take the shape of an inverted U curve. We show the circumstances...
Persistent link: https://www.econbiz.de/10009001209
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Hours Worked: Long-Run Trends
Greenwood, Jeremy; Vandenbroucke, Guillaume - National Bureau of Economic Research (NBER) - 2005
corresponding wealth effect; (ii) The enhanced value of time off from work, due to the advent of time-using leisure goods; (iii) The … reduced need for housework, due to the introduction of time-saving appliances. These mechanisms are incorporated into a model …
Persistent link: https://www.econbiz.de/10005084464
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Longevity and Lifetime Labour Input: Data and Implications
Hazan, Moshe - C.E.P.R. Discussion Papers - 2006
The Ben-Porath (1967) mechanism suggests that prolonging the period during which individuals may receive returns on their investment spurs investment in human capital and causes growth. An important, albeit implicit implication of this mechanism is that the total labour input over a lifetime...
Persistent link: https://www.econbiz.de/10005498180
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Effects of Labor Taxes and Unemployment Compensation on Labor Supply in a Search Model with an Endogenous Labor Force
Chen, Been-Lon; Lai, Chih-Fang - Institute of Economics, Academia Sinica - 2014
Labor taxes and unemployment compensation were blamed for causing relative declines in labor supply in the EU to the US in the past decades. We propose a model with an endogenous labor force and compare with the model with an exogenous labor force. Because of discouraging the labor force, labor...
Persistent link: https://www.econbiz.de/10011098955
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Effects of labor taxes and unemployment compensation on labor supply in a search model with an endogenous labor force
Chen, Been-Lon; Lai, Chih-Fang - In: Journal of Macroeconomics 43 (2015) C, pp. 300-317
Labor taxes and unemployment compensation were blamed for causing relative declines in labor supply in the EU to the US in the past decades. We propose a model with an endogenous labor force and compare with the model with an exogenous labor force. Because of discouraging the labor force, labor...
Persistent link: https://www.econbiz.de/10011194155
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Technology and the Changing Family: a Unified Model of Marriage, Divorce Educational Attainment and Married Female Labor-Force Participation
Greenwood, Jeremy; Guner, Nezih; Kocharkov, Georgi; … - Barcelona Graduate School of Economics (Barcelona GSE) - 2015
Marriage has declined since 1960, with the drop being bigger for non-college educated individuals versus college educated ones. Divorce has increased, more so for the non-college educated. Additionally, positive assortative mating has risen. Income inequality among households has also widened. A...
Persistent link: https://www.econbiz.de/10011167018
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Technology and the Changing Family: A Unified Model of Marriage, Divorce, Educational Attainment and Married Female Labor-Force Participation
Greenwood, Jeremy; Guner, Nezih; Kocharkov, Georgi; … - Institute for the Study of Labor (IZA) - 2015
Marriage has declined since 1960, with the drop being bigger for non-college educated individuals versus college educated ones. Divorce has increased, more so for the non-college educated. Additionally, positive assortative mating has risen. Income inequality among households has also widened. A...
Persistent link: https://www.econbiz.de/10011167204