NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Elasticity of Substitution Between Time and Market Goods: Evidence from the Great Recession

Aviv Nevo, Arlene Wong

NBER Working Paper No. 21318
Issued in July 2015

---- Acknowledgments ----

We thank David Berger, Ariel Burstein, Matthias Doepke, Laura Doval, Martin Eichenbaum, Yana Gallen, Nir Jaimovich, Guido Lorenzoni, Tiago Pires, and Giorgio Primiceri for useful comments. This research was funded by a cooperative agreement between the USDA/ERS and Northwestern University, but the views expressed herein are those of the authors and do not necessarily reflect the views of the U.S. Department of Agriculture or the National Bureau of Economic Research.

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