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- Mark Aguiar
- Princeton University, 110 Fisher Hall, Princeton, NJ 08544, and NBER.
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- Erik Hurst
- University of Chicago Booth, 5807 South Woodlawn Avenue, Chicago, IL 60637, and NBER.
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- Loukas Karabarbounis
- University of Chicago Booth, 5807 South Woodlawn Avenue, Chicago, IL 60637, and NBER.
書誌事項
- 公開日
- 2013-08-01
- DOI
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- 10.1257/aer.103.5.1664
- 公開者
- American Economic Association
この論文をさがす
説明
<jats:p> Using data from the American Time Use Survey between 2003 and 2010, we document that home production absorbs roughly 30 percent of foregone market work hours at business cycle frequencies. Leisure absorbs roughly 50 percent of foregone market work hours, with sleeping and television watching accounting for most of this increase. We document significant increases in time spent on shopping, child care, education, and health. Job search absorbs between 2 and 6 percent of foregone market work hours. We discuss the implications of our results for business cycle models with home production and non-separable preferences. (JEL D31, E32, J22) </jats:p>
収録刊行物
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- American Economic Review
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American Economic Review 103 (5), 1664-1696, 2013-08-01
American Economic Association
