TY  - JOUR
AU  - Gronau,Reuben
TI  - Leisure, Home Production and Work--The Theory of The Allocation of Time Revisited
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 137
PY  - 1976
Y2  - May 1976
UR  - http://www.nber.org/papers/w0137
L1  - http://www.nber.org/papers/w0137.pdf
N1  - Author contact info:
Reuben Gronau
Department of Economics
Hebrew University
Mount Scopus, Jerusalem  91905
ISRAEL
Tel: 972-2-588-3145
Fax: 972-2-5816071
E-Mail: msreuben@olive.mscc.huji.ac.il
AB  - From the theoretical point of view, the justification for aggregating leisure and work at home into one entity, "non-market time" (or "home time") can rest on two assumptions: (a.) the two elements react similarly to changes in the socio-economic environment and, hence, nothing is gained by studying them separately, and (b.) the two elements satisfy the conditions of a composite input, i.e., their relative price is constant, and there is no interest in investigating the composition of this aggregate since it has no bearing on production and the price of the output. This study sets out to show that none of these assumptions holds. Recent time budget findings have established that work at home is affected differently by changes in socioeconomic variables than is leisure, and this paper shows that the aggregation is also suspect from the analytical point of view.
ER  -