| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21318 |
| 来源ID | Working Paper 21318 |
| The Elasticity of Substitution Between Time and Market Goods: Evidence from the Great Recession | |
| Aviv Nevo; Arlene Wong | |
| 发表日期 | 2015-07-06 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We document a change in household shopping behavior during the Great Recession. Households purchased more on sale, larger sizes and generic products, increased coupon usage, and shopping at discount stores. We estimate that the returns to these shopping activities declined during the recession and therefore this behavior implies a significant decrease in households’ opportunity cost of time. Using the estimated cost of time and time use data, we estimate a high elasticity of substitution between market expenditure and time spent on non-market work. We find that households smooth a sizable fraction of consumption by varying their time allocation during recessions. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Business Cycles ; Labor Economics ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w21318 |
| 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/578993 |
| 推荐引用方式 GB/T 7714 | Aviv Nevo,Arlene Wong. The Elasticity of Substitution Between Time and Market Goods: Evidence from the Great Recession. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Aviv Nevo]的文章 |
| [Arlene Wong]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Aviv Nevo]的文章 |
| [Arlene Wong]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Aviv Nevo]的文章 |
| [Arlene Wong]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
