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We hypothesize that an individual's time use choices are contingent on the time use choices of others because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop a model of time use, and demonstrate that its...
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We hypothesize that an individual's time use choices are contingent on the time use choices of others because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop a model of time use, and demonstrate that its...
Persistent link: https://www.econbiz.de/10013319805
Between 1980 and 2000, average actual working hours per adult of working age rose by in the USA (to 1476) while falling by 170 in Germany to (973). These differentials are now enough to create significant differences in quality of life - and they imply that growth in per GDP may be a poor...
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