Replication data for: Time Use during the Great Recession
Principal Investigator(s): View help for Principal Investigator(s) Mark Aguiar; Erik Hurst; Loukas Karabarbounis
Version: View help for Version V1
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Time-Data | 10/11/2019 06:51:PM | ||
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Project Citation:
Aguiar, Mark, Hurst, Erik, and Karabarbounis, Loukas. Replication data for: Time Use during the Great Recession. Nashville, TN: American Economic Association [publisher], 2013. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112655V1
Project Description
Summary:
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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.
Scope of Project
JEL Classification:
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D31 Personal Income, Wealth, and Their Distributions
E32 Business Fluctuations; Cycles
J22 Time Allocation and Labor Supply
D31 Personal Income, Wealth, and Their Distributions
E32 Business Fluctuations; Cycles
J22 Time Allocation and Labor Supply
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