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in the price of leisure goods accounts for seven percent of the total decline in hours …
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capital accumulation in which mankind has solved its economic problem and enjoys a lifestyle predominantly framed by leisure …
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We document a set of time use patterns in both time series and cross sections. To explain these facts, we propose and estimate a model of time allocation that emphasizes the role of home production technology. We find it necessary to consider both labor-augmenting technology and total factor...
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We document a set of time use patterns in both time series and cross sections. To explain these facts, we propose and estimate a model of time allocation that emphasizes the role of home production technology. We find it necessary to consider both labor-augmenting technology and total factor...
Persistent link: https://www.econbiz.de/10013032957
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