NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Household Time Use Among Older Couples: Evidence and Implications for Labor Supply Parameters

Richard Rogerson, Johanna Wallenius

NBER Working Paper No. 24263
Issued in January 2018
NBER Program(s):Economic Fluctuations and Growth

Using the Consumption Activities Mail Survey (CAMS) module in the HRS we document how time allocations change for individuals within a household when one or more members transitions from full time work to not working. Our basic finding is that the ratio of home production to leisure time is approximately constant for both family members. We then build a model of household labor supply to understand the implications of this finding for preferences and the home production function. We conclude that this fact suggests a relatively large elasticity of substitution between the leisure of the two members. For commonly used preference specifications, this also implies a large (i.e., greater than one) intertemporal elasticity of substitution for leisure.

You may purchase this paper on-line in .pdf format from SSRN.com ($5) for electronic delivery.

Access to NBER Papers

You are eligible for a free download if you are a subscriber, a corporate associate of the NBER, a journalist, an employee of the U.S. federal government with a ".GOV" domain name, or a resident of nearly any developing country or transition economy.

If you usually get free papers at work/university but do not at home, you can either connect to your work VPN or proxy (if any) or elect to have a link to the paper emailed to your work email address below. The email address must be connected to a subscribing college, university, or other subscribing institution. Gmail and other free email addresses will not have access.

E-mail:

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w24263

Users who downloaded this paper also downloaded* these:
Adhvaryu, Fenske, Khanna, and Nyshadham w24309 Resources, Conflict, and Economic Development in Africa
Jones and Marinescu w24312 The Labor Market Impacts of Universal and Permanent Cash Transfers: Evidence from the Alaska Permanent Fund
Blundell, Pistaferri, and Saporta-Eksten w24006 Children, Time Allocation and Consumption Insurance
Katz and Krueger w22667 The Rise and Nature of Alternative Work Arrangements in the United States, 1995-2015
Ameriks, Briggs, Caplin, Lee, Shapiro, and Tonetti w24008 Older Americans Would Work Longer If Jobs Were Flexible
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us