| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17259 |
| 来源ID | Working Paper 17259 |
| Time Use During Recessions | |
| Mark A. Aguiar; Erik Hurst; Loukas Karabarbounis | |
| 发表日期 | 2011-07-28 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | We use data from the American Time Use Survey (ATUS), covering both the recent recession and the pre-recessionary period, to explore how foregone market work hours are allocated to other activities over the business cycle. Given the short time series, it is hard to distinguish business cycle effects from low frequency trends by simply comparing time spent on a given category prior to the recession with time spent on that category during the recession. Instead, we identify the business cycle effects on time use using cross state variation with respect to the severity of the recessions. We find that roughly 30% to 40% of the foregone market work hours are allocated to increased home production. Additionally, 30% of the foregone hours are allocated to increased sleep time and increased television watching. Other leisure activities absorb 20% of the foregone market work hours. We use our evidence from the ATUS to calibrate and test the predictions of workhorse macroeconomic models with home production. We show that the quantitative implications of these models regarding the allocation of time over the business cycle matches reasonably well the actual behavior of households. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Business Cycles ; Labor Economics ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w17259 |
| 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/574934 |
| 推荐引用方式 GB/T 7714 | Mark A. Aguiar,Erik Hurst,Loukas Karabarbounis. Time Use During Recessions. 2011. |
| 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 | ||
| w17259.pdf（304KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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