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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w11629 |
来源ID | Working Paper 11629 |
Hours Worked: Long-Run Trends | |
Jeremy Greenwood; Guillaume Vandenbroucke | |
发表日期 | 2005-09-19 |
出版年 | 2005 |
语种 | 英语 |
摘要 | For 200 years the average number of hours worked per worker declined, both in the market place and at home. Technological progress is the engine of such transformation. Three mechanisms are stressed: (i) The rise in real wages and its corresponding wealth effect; (ii) The enhanced value of time off from work, due to the advent of time-using leisure goods; (iii) The reduced need for housework, due to the introduction of time-saving appliances. These mechanisms are incorporated into a model of household production. The notion of Edgeworth-Pareto complementarity/substitutability is key to the analysis. Numerical examples link theory and data. This note has been prepared for The New Palgrave Dictionary of Economics, 2nd edition, edited by Lawrence E. Blume and Steven N. Durlauf (London: Palgrave Macmillan). |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Development and Growth ; Development ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w11629 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569274 |
推荐引用方式 GB/T 7714 | Jeremy Greenwood,Guillaume Vandenbroucke. Hours Worked: Long-Run Trends. 2005. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w11629.pdf(445KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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