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How would people spend additional time if confronted by permanent declines in market work? We examine the impacts of cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s. Using time-diaries from before and after these shocks,...
Persistent link: https://www.econbiz.de/10010282259
We present a household production model that incorporates multitasking and results from a customized experiment designed to measure the individual-specific productivity parameters from this model. We observe these productivity parameters under alternative incentive scenarios, designed to mimic...
Persistent link: https://www.econbiz.de/10010283947
How would people spend time if confronted by permanent declines in market work? We identify preferences off exogenous cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s. Using time-diaries from before and after these shocks,...
Persistent link: https://www.econbiz.de/10010287669
differentials, as economic theory suggests. Its analysis of unique time-use data reveals that the differences in time …
Persistent link: https://www.econbiz.de/10010262102
Using time-diary data from four countries we show that the unemployed spend most of the time not working for pay in additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment duration and the split of time between household...
Persistent link: https://www.econbiz.de/10010269324
We propose a collective labor supply model with household production that generalizes an original model of Blundell, Chiappori and Meghir (2005). In our model, adults' individual preferences do not only depend on own leisure and individual private consumption of market goods. They also depend on...
Persistent link: https://www.econbiz.de/10010274633
Time-diary data from four countries suggest that differences in market time between the unemployed and employed represent additional leisure and personal maintenance rather than increased household production. U.S. data for 2003-2006 show that almost none of the reduction in market work in areas...
Persistent link: https://www.econbiz.de/10010270733
the earlier contributions, and using them to place the current state of the theory in perspective. One of its aims is to …
Persistent link: https://www.econbiz.de/10010264270
The present paper develops a theoretical model of labor supply with domestic production. It is shown that the structural components of the model can be identified without a distribution factor, thereby generalizing the initial results of Apps and Rees (1997) and Chiappori (1997). The theoretical...
Persistent link: https://www.econbiz.de/10010269787
Using scanner data and time diaries, we document how households substitute time for money through shopping and home production. We find evidence that there is substantial heterogeneity in prices paid across households for identical consumption goods in the same metro area at any given point in...
Persistent link: https://www.econbiz.de/10010282783