An edition of Hours worked (2005)

Hours worked

long-run trends

Hours worked
Jeremy Greenwood, Jeremy Green ...
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Last edited by MARC Bot
December 13, 2020 | History
An edition of Hours worked (2005)

Hours worked

long-run trends

"For 200 years the average number of hours worked per worker declined, both in the market placeand at home. Technological progress is the engine of such transformation. Three mechanisms arestressed:(i) The rise in real wages and its corresponding wealth effect;(ii) The enhanced value of time off from work, due to the advent of time-using leisure goods;(iii) The reduced need for housework, due to the introduction of time-saving appliances.These mechanisms are incorporated into a model of household production. The notion of Edgeworth-Pareto complementarity/substitutability is key to the analysis. Numerical examples link theory and data.This note has been prepared for The New Palgrave Dictionary of Economics, 2nd edition, editedby Lawrence E. Blume and Steven N. Durlauf (London: Palgrave Macmillan)"--National Bureau of Economic Research web site.

Publish Date
Language
English

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Edition Availability
Cover of: Hours worked
Hours worked: long-run trends
2005, National Bureau of Economic Research
in English
Cover of: Hours worked
Hours worked: long-run trends
2005, National Bureau of Economic Research
Electronic resource in English

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Book Details


Edition Notes

Includes bibliographical references.
Title from PDF file as viewed on 9/27/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series ;, working paper 11629, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 11629.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3479175M
LCCN
2005620309

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Download catalog record: RDF / JSON
December 13, 2020 Edited by MARC Bot import existing book
February 7, 2010 Edited by WorkBot add more information to works
December 10, 2009 Created by WorkBot add works page