Arbeitspapier
Home production technology and time allocation: Empirics, theory, and implications
We document a set of time use patterns in both time series and cross sections. To explain these facts, we propose and estimate a model of time allocation that emphasizes the role of home production technology. We find it necessary to consider both labor-augmenting technology and total factor productivity in home production. Based on the estimated model, we study the effects of proportional tax and lump-sum transfer on time allocation and labor supply, with the roles of home production technology and wage heterogeneity highlighted.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 2012-19
- Classification
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Wirtschaft
Time Allocation and Labor Supply
Human Capital; Skills; Occupational Choice; Labor Productivity
- Subject
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time allocation
home production
technology
- Event
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Geistige Schöpfung
- (who)
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Fang, Lei
Zhu, Guozhong
- Event
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Veröffentlichung
- (who)
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Federal Reserve Bank of Atlanta
- (where)
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Atlanta, GA
- (when)
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2012
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Fang, Lei
- Zhu, Guozhong
- Federal Reserve Bank of Atlanta
Time of origin
- 2012