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A model with two different production sectors and endogenous growth based on the accumulation of sector-specific human capital due to learning-by-doing is presented. Accumulation of experience is measured by means of sectoral production output aggregated over time. Growth is controlled by a...
Persistent link: https://www.econbiz.de/10008933383
Consumers often organize their time by scheduling various tasks, but also leave some time unaccounted. The authors examine whether ending an interval of unaccounted time with an upcoming task systematically alters how this time is perceived and consumed. Eight studies conducted both in the lab...
Persistent link: https://www.econbiz.de/10012919948
Empirically observed intertemporal choices about money have long been thought to exhibit present bias, i.e. higher short-term compared to long-term discount rates. Recently, this view has been called into question on both empirical and theoretical grounds, and a spate of recent findings suggest...
Persistent link: https://www.econbiz.de/10011449960
In this paper, starting from the two-sector Uzawa-Lucas model, we study a three-sector endogenous growth model with leisure services. By extending the endogenous growth model with leisure developed by Ladrón-de Guevara et al. [1999], our model generalizes the standard time allocation problem,...
Persistent link: https://www.econbiz.de/10012856184
In this paper, starting from the two-sector Uzawa-Lucas model, we study a three-sector endogenous growth model with leisure services. By extending the endogenous growth model with leisure developed by Ladrón-de Guevara et al. [1999], our model generalizes the standard time allocation problem,...
Persistent link: https://www.econbiz.de/10011714375
In recent decades, changes in parents' attitudes towards the importance of spending time with children to optimise their future behaviour and cognitive development have greatly affected patterns of time allocation among both working and non-working parents in all developed countries. We compare...
Persistent link: https://www.econbiz.de/10010304321
There are several striking peculiarities of the arts labor market that have attracted the attentions of researchers in the last several decades: first is constant long run excess supply of arts labor; second, artists are more likely to be multiple-job-holders than other professions; third,...
Persistent link: https://www.econbiz.de/10010322365
Using Mexican data on household time use and consumption, we find significant substitution between goods and time in home production and different elasticities of substitution for different household commodities. Adding these findings to the Ramsey optimal tax problem, we show it is optimal to...
Persistent link: https://www.econbiz.de/10010322580
About half of all employees in Spain are on a daytime split work schedule, i.e. they typically work for 5 h in the morning, take a 2-hour break at lunch time, and work for another 3 h in the afternoon/evening. This paper studies the effects of split work schedule on workers' psychological...
Persistent link: https://www.econbiz.de/10011650301
The presence of children still tends to reinforce a traditional division of labour in couples in many countries. This paper explores possible changes in the relationship between parenthood and the division of labour in Norway from 1980 to 2010 - a period with reduced gender differences in time...
Persistent link: https://www.econbiz.de/10011968527