Home production technology and time allocation : empirics, theory, and implications

Lei Fang and Guozhong Zhu

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. -- time allocation ; home production ; technology

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Year of publication:	2012
Authors:	Fang, Lei ; Zhu, Guozhong
Publisher:	Atlanta, Ga. : Federal Reserve Bank of Atlanta
Subject:	Zeitverwendung \| Time use \| Haushaltsproduktion \| Household production \| Theorie \| Theory \| Schätzung \| Estimation

Extent:	Online-Ressource graph. Darst.
Series:	Working papers / Federal Reserve Bank of Atlanta. - Atlanta, Ga. : [Verlag nicht ermittelbar], ISSN 1936-5225, ZDB-ID 2171117-3. - Vol. 2012-19
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat reader
Other identifiers:	hdl:10419/70654 [Handle]
Classification:	J22 - Time Allocation and Labor Supply ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10009714906