Aguiar, M.; Hurst, E. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 203-253). 2016
In this chapter we explore the macroeconomics of time allocation. We begin with an overview of the trends in market hours in the United States, both in the aggregate and for key subsamples. After introducing a Beckerian theoretical framework, the chapter then discusses key empirical patterns of...