Time Use During the Great Recession

Time Use During the Great Recession
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DOI:
10.1257/aer.103.5.1664
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发表时间:
2013-08-01
影响因子:
10.7
通讯作者:
Karabarbounis, Loukas
Karabarbounis, Loukas
中科院分区:
经济学1区
文献类型:
--
作者:
Aguiar, Mark;Hurst, Erik;Karabarbounis, Loukas

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使用2003年至2010年美国时间使用调查的数据,我们记录了家庭生产在商业周期频率上吸收了大约30%的市场工作时间。休闲活动大约占据了50%的市场工作时间,而睡眠和看电视则占了这一增长的大部分。我们记录了花在购物、儿童保育、教育和健康上的时间显著增加。求职占用了2%到6%的市场工作时间。我们讨论了我们的结果与家庭生产和不可分离的偏好的商业周期模型的影响。(JEL D31、E32、J22)
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)