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leisure services. By extending the endogenous growth model with leisure developed by Ladrón-de Guevara et al. [1999], our … between work, education, purely free time and time spent on leisure services, where the latter represents therefore an … additional time-consuming activity. Accordingly, service consumption is tied to a production sector for leisure services in our …
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Externalities in leisure are an important determinant of partners' retirement strategies. This is the first study that … quantifies the extent to which partners actually spend more leisure time 'together' upon retirement. Exploiting the law on … leisure, separate or together. Using four different definitions of 'togetherness' of partners' leisure hours, we find that the …
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, we develop and investigate a model with an additional sector for the production of leisure services. In turn, our three … physical goods and on ‘pure' leisure - by introducing consumption of leisure services. As the latter is a time- consuming … work, education, purely free time and leisure activities in our framework. We characterize analytically the Balanced Growth …
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