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This paper uses a contingent value survey in a Rocky Mountain city to measure the national income accounting value of leisure activities. Such direct measurement avoids shortcomings of the previously used labor value approach and individually values various types of leisure, e.g., napping and...
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Using a model that addresses the potential endogeneity of employment hours on mothers' child care time and vice versa, by including instruments based on parental attitudes, we find a significant negative (but inelastic) relation between the two time uses.
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