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additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … lower amount of market work in areas of long-term high unemployment is offset by additional household production. In … contrast, in those areas where unemployment has risen cyclically reduced market work is made up almost entirely by additional …
Persistent link: https://www.econbiz.de/10003796399
additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … lower amount of market work in areas of long-term high unemployment is offset by additional household production. In … contrast, in those areas where unemployment has risen cyclically reduced market work is made up almost entirely by additional …
Persistent link: https://www.econbiz.de/10012765212
that almost none of the reduction in market work in areas of long-term high unemployment is offset by additional work at … home. In contrast, in those areas where unemployment has risen cyclically, reduced market work is largely substituted by … additional time in household production. -- Unemployment ; time use ; household production ; paid work …
Persistent link: https://www.econbiz.de/10003875288
We develop a macroeconomic theory of the division of household tasks between servants and own work and how it is affected by automation in households and firms. We calibrate the model for the U.S. and apply it to explain the historical development of household time use and the distribution of...
Persistent link: https://www.econbiz.de/10012820860
Job polarization is a widely documented phenomenon in developed countries since the 1980s: employment has been shifting from middle to low- and high-income workers, while average wage growth has been slower for middle-income workers than at both extremes. We document 1) that polarization has...
Persistent link: https://www.econbiz.de/10010482521
Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012232857
wage and unemployment duration. We consider a model of household job search in which the outcomes of bargaining are … unemployment duration: the more the husband earns, the longer the wife searches for a job; whereas the more the wife earns, the … sooner the husband finds a job. Secondly, an increase of $100 in unemployment insurance (UI) per month lowers employment rate …
Persistent link: https://www.econbiz.de/10013159199
unskilled unemployment via consumer demand: longer work hours and higher labor force participation imply higher incomes and less … consumer demand toward unskill-intensive goods. Relative demand for unskilled labor rises and unemployment falls. Finally, we …
Persistent link: https://www.econbiz.de/10014210825
The present paper quantifies the importance of family insurance for the analysis of social security. We therefore augment the standard overlapping generations model with idiosyncratic labor productivity and longevity risk in that we account for gender and marital status. We simulate the...
Persistent link: https://www.econbiz.de/10011405622
and 'services' are produced both in the market and within the households. We use the model to examine how unemployment and … services reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower …
Persistent link: https://www.econbiz.de/10011408425