Replication data for: Time Use during the Great Recession

Principal Investigator(s): View help for Principal Investigator(s) Mark Aguiar; Erik Hurst; Loukas Karabarbounis

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Project Citation:

Aguiar, Mark, Hurst, Erik, and Karabarbounis, Loukas. Replication data for: Time Use during the Great Recession. Nashville, TN: American Economic Association [publisher], 2013. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112655V1

Project Description

Summary: Using 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.

Scope of Project

JEL Classification:
      D31 Personal Income, Wealth, and Their Distributions
      E32 Business Fluctuations; Cycles
      J22 Time Allocation and Labor Supply

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V1 [2019-10-11]

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