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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24263 |
来源ID | Working Paper 24263 |
Household Time Use Among Older Couples: Evidence and Implications for Labor Supply Parameters | |
Richard Rogerson; Johanna Wallenius | |
发表日期 | 2018-01-29 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Using the Consumption Activities Mail Survey (CAMS) module in the HRS we document how time allocations change for individuals within a household when one or more members transitions from full time work to not working. Our basic finding is that the ratio of home production to leisure time is approximately constant for both family members. We then build a model of household labor supply to understand the implications of this finding for preferences and the home production function. We conclude that this fact suggests a relatively large elasticity of substitution between the leisure of the two members. For commonly used preference specifications, this also implies a large (i.e., greater than one) intertemporal elasticity of substitution for leisure. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w24263 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581937 |
推荐引用方式 GB/T 7714 | Richard Rogerson,Johanna Wallenius. Household Time Use Among Older Couples: Evidence and Implications for Labor Supply Parameters. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24263.pdf(304KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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