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Time Use During the Great Recession

Author(s): Aguiar, Mark A.; Hurst, Erik; Karabarbounis, Loukas

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dc.contributor.authorAguiar, Mark A.-
dc.contributor.authorHurst, Erik-
dc.contributor.authorKarabarbounis, Loukas-
dc.date.accessioned2019-07-09T21:02:58Z-
dc.date.available2019-07-09T21:02:58Z-
dc.date.issued2013-08en_US
dc.identifier.citationAguiar, Mark A., Hurst, Erik, Karabarbounis, Loukas. (2013). Time Use During the Great Recession. American Economic Review, 103 (5), 1664 - 1696. doi:10.1257/aer.103.5.1664en_US
dc.identifier.issn0002-8282-
dc.identifier.urihttp://arks.princeton.edu/ark:/88435/pr12f0b-
dc.description.abstractUsing data from the American Time Use Survey between 2003 and 2010, we document that home production absorbs roughly 30 percent of foregone market work hours at business cycle frequencies. Leisure absorbs roughly 50 percent of foregone market work hours, with sleeping and television watching accounting for most of this increase. We document significant increases in time spent on shopping, child care, education, and health. Job search absorbs between 2 and 6 percent of foregone market work hours. We discuss the implications of our results for business cycle models with home production and non-separable preferences.en_US
dc.format.extent1664 - 1696en_US
dc.language.isoen_USen_US
dc.relation.ispartofAmerican Economic Reviewen_US
dc.rightsFinal published version. Article is made available in OAR by the publisher's permission or policy.en_US
dc.titleTime Use During the Great Recessionen_US
dc.typeJournal Articleen_US
dc.identifier.doidoi:10.1257/aer.103.5.1664-
pu.type.symplectichttp://www.symplectic.co.uk/publications/atom-terms/1.0/journal-articleen_US

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