Time Use During the Great Recession
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 account...
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| Veröffentlicht in: | The American economic review 2013-08, Vol.103 (5), p.1664-1696 |
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| container_title | The American economic review |
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| creator | Aguiar, Mark Hurst, Erik Karabarbounis, Loukas |
| description | 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. |
| doi_str_mv | 10.1257/aer.103.5.1664 |
| format | Article |
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| source | Business Source Complete; Jstor Complete Legacy; American Economic Association |
| subjects | Aggregates Business cycles Child care Demography Economic fluctuations Economic recessions Economic theory Great Recession Home ownership Hours of work Households Job hunting Job search Labor market Leisure Leisure time Market entry Recession Recessions Recreation Repair & maintenance Studies Time Time series Time use Trends U.S.A Unemployment rates Work hours Working hours |
| title | Time Use During the Great Recession |
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