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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23552 |
来源ID | Working Paper 23552 |
Leisure Luxuries and the Labor Supply of Young Men | |
Mark Aguiar; Mark Bils; Kerwin Kofi Charles; Erik Hurst | |
发表日期 | 2017-07-03 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Younger men, ages 21 to 30, exhibited a larger decline in work hours over the last fifteen years than older men or women. Since 2004, time-use data show that younger men distinctly shifted their leisure to video gaming and other recreational computer activities. We propose a framework to answer whether improved leisure technology played a role in reducing younger men's labor supply. The starting point is a leisure demand system that parallels that often estimated for consumption expenditures. We show that total leisure demand is especially sensitive to innovations in leisure luxuries, that is, activities that display a disproportionate response to changes in total leisure time. We estimate that gaming/recreational computer use is distinctly a leisure luxury for younger men. Moreover, we calculate that innovations to gaming/recreational computing since 2004 explain on the order of half the increase in leisure for younger men, and predict a decline in market hours of 1.5 to 3.0 percent, which is 38 and 79 percent of the differential decline relative to older men. |
主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Labor Economics |
URL | https://www.nber.org/papers/w23552 |
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/581226 |
推荐引用方式 GB/T 7714 | Mark Aguiar,Mark Bils,Kerwin Kofi Charles,et al. Leisure Luxuries and the Labor Supply of Young Men. 2017. |
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 | ||
w23552.pdf(726KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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