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来源类型Working Paper
规范类型报告
DOI10.3386/w17649
来源IDWorking Paper 17649
Aggregate Impacts of a Gift of Time
Jungmin Lee; Daiji Kawaguchi; Daniel S. Hamermesh
发表日期2011-12-08
出版年2011
语种英语
摘要How would people spend additional time if confronted by permanent declines in market work? We examine the impacts of cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s. Using time-diaries from before and after these shocks, we show that these shocks were effective--per-capita hours of market work declined discretely. The economy-wide drops in market work were reallocated solely to leisure and personal maintenance. In the absence of changing household technology a permanent time gift leads to no increase in time spent in household production by the average individual.
主题Macroeconomics ; Consumption and Investment ; Labor Economics ; Demography and Aging ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w17649
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/575323
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GB/T 7714
Jungmin Lee,Daiji Kawaguchi,Daniel S. Hamermesh. Aggregate Impacts of a Gift of Time. 2011.
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