Full Citation

Title: Household Time Use Among Older Couples: Evidence and Implications for Labor Supply Parameters

Citation Type: Journal Article

Publication Year: 2019

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Abstract: Using the Consumption Activities Mail Survey (CAMS) module in the HRS we document how individual time allocations change when one or more members transitions from full time work to not working. We find that the ratio of home production to leisure time is approximately constant for both family members. Using a model of household labor supply to understand the implications of this finding, we conclude that the elasticity of substitu- tion between the leisure of the two members is quite large. This elasticity plays a key role in models of household labor supply and is important for understanding how changes in relative wages and taxes affect household labor supply.

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Authors: Rogerson, Richard; Wallenius, Johanna

Periodical (Full): The Quarterly Journal of Economics

Issue: 2

Volume: 134

Pages: 1079-1120

Data Collections: IPUMS Time Use - ATUS

Topics: Aging and Retirement, Work, Family, and Time

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