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
Englisch

Bibliographic citation
Series: Working Paper ; No. 2012-19

Classification
Wirtschaft
Time Allocation and Labor Supply
Human Capital; Skills; Occupational Choice; Labor Productivity
Subject
time allocation
home production
technology

Event
Geistige Schöpfung
(who)
Fang, Lei
Zhu, Guozhong
Event
Veröffentlichung
(who)
Federal Reserve Bank of Atlanta
(where)
Atlanta, GA
(when)
2012

Handle
Last update
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

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