Time Use in Economics

Daniel S. Hamermesh|Solomon W. Polachek
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Hardback
9781837536054
14 December 2023
$155.00
eBook (PDF)
9781837536047
14 December 2023
$155.00
eBook (ePub)
9781837536061
14 December 2023
$155.00

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  • Description
  • Contents
  • About

Beginning in 1965 Nobel Laureate Gary Becker realized that shadow prices, which reflect the value of one’s time, may be at least as important as money prices. Implications of his resulting theory of time allocation were not tested until much later when governments began to collect extensive data on how individuals utilized their time.

Time Use in Economics contains original research on new aspects of time use compiled by Daniel S. Hamermesh, a long-time path-breaking labor economist leader in analyzing time use data, and Solomon W. Polachek, a pioneer in gender-related labor market research. Topics include how time is used by type of household, how time is used in particular jobs, how time is used in high versus low growth geographic areas, how time is used after a job loss, how time use affects individual wellbeing, as well as how to interpret the blurred boundaries of time use between leisure and work, a growing issue as more individuals, especially mothers, work from home.

Chapter 1. Time-Use and Subjective Well-Being: Is Diversity Really The Spice of Life?; Naomi Friedman-Sokuler and Claudia Senik

  • Chapter 2. Effort at Work and Worker Well-Being; José Ignacio Giménez-Nadal, José Alberto Molina, and Almudena Sevilla
  • Chapter 3. Changes in Children’s Time Use, India 1998-2019; Matthew Gibson, Maulik Jagnani, and Hemant K. Pullabhotla
  • Chapter 4. Time Use and The Geography of Economic Opportunity; Sulagna Mookerjee, John D. Pedersen, and David Slichter
  • Chapter 5. The Impact of Job Loss on Parental Time Investment; Anja Gruber
  • Chapter 6. Parents’ Work Hours and Childcare Decisions: Exploiting a Time Windfall; Taehyun Ethan  Kim and Dean R. Lillard
  • Chapter 7. Time Use, Intrahousehold Inequality and Individual Welfare: Revealed Preference Analysis; Ruben Bostyn, Laurens Cherchye, Bram De Rock, and Frederic Vermeulen
  • Chapter 8. Marriage Versus Cohabitation: How Specialization and Time Use Differ by Relationship Type; Leslie S. Stratton
  • Chapter 9. Change and Continuity in Americans’ Work Day Characteristics, 2019 To 2021; Sarah M. Flood and Katie R. Genadek
  • Chapter 10. Blurred Boundaries: A Day in The Life of a Teacher; Victoria Hunter Gibney, Kristine L. West, and Seth Gershenson

Daniel S. Hamermesh, University of Texas at Austin, NBER, and IZA

Solomon W. Polachek, State University of New York at Binghamton and IZA.