Measuring Trends in Leisure: The Allocation of Time over Five Decades
In this paper, we use five decades of time-use surveys to document trends in the allocation of time within the United States. We find that a dramatic increase in leisure time lies behind the relatively stable number of market hours worked between 1965 and 2003. Specifically, using a variety of definitions for leisure, we show that leisure for men increased by roughly six to nine hours per week (driven by a decline in market work hours) and for women by roughly four to eight hours per week (driven by a decline in home production work hours). Lastly, we document a growing inequality in leisure that is the mirror image of the growing inequality of wages and expenditures, making welfare calculation based solely on the latter series incomplete. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.
Year of publication: |
2007
|
---|---|
Authors: | Aguiar, Mark ; Hurst, Erik |
Published in: |
The Quarterly Journal of Economics. - MIT Press. - Vol. 122.2007, 3, p. 969-1006
|
Publisher: |
MIT Press |
Saved in:
Saved in favorites
Similar items by person
-
Measuring trends in leisure: The allocation of time over five decades
Aguiar, Mark, (2006)
-
Lifecycle prices and production
Aguiar, Mark, (2005)
-
Home production, consumption, and labor supply
Aguiar, Mark, (2009)
- More ...