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that spouses jointly spend on leisure, household chores and child care. By using a innovative matching strategy, this …
Persistent link: https://www.econbiz.de/10011386431
dramatic increase in leisure time lies behind the relatively stable number of market hours worked (per working-age adult …) between 1965 and 2003. Specifically, we document that leisure for men increased by 6-8 hours per week (driven by a decline in … leisure corresponds to roughly an additional 5 to 10 weeks of vacation per year, assuming a 40-hour work week. We also find …
Persistent link: https://www.econbiz.de/10012709851
. The economic theory behind is a human capital approach in a market and non-market context, extended by non-market time use …
Persistent link: https://www.econbiz.de/10014212238
in the price of leisure goods accounts for seven percent of the total decline in hours …
Persistent link: https://www.econbiz.de/10014217501
document three main results. First, time allocated to leisure increased and to work decreased among more remote jobs with no … in leisure was not driven by a quiet quitting' phenomenon …
Persistent link: https://www.econbiz.de/10014345973
The article gives new answers to the two following questions: One, what can be a potential source of the twin-peaks of economic growth? Two, why were some of the countries that were believed to belong to the group of low steady state countries (like Taiwan, South Korea, Japan, etc.) able to...
Persistent link: https://www.econbiz.de/10014052204
A simple rule of thumb which has been successfully used in the basic neoclassical growth model as an alternative to the unstable dynamic optimization solution is shown to be more generally applicable in a non-scale growth model with learning by doing. The model is formulated in accordance with...
Persistent link: https://www.econbiz.de/10011525438
Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...
Persistent link: https://www.econbiz.de/10012499514
We explore the relationship between government size and economic growth in an endogenous growth model with human capital and an unproductive capital which facilitates rent-seeking. With exogenous as well as endogenous time discounting, we find a non-monotonic relationship between the size of...
Persistent link: https://www.econbiz.de/10012120573
determined and a simultaneous dynamic optimisation of leisure/working time and of consumption/saving is executed. Transitional …
Persistent link: https://www.econbiz.de/10008779872