Spending Time and Money within the Household

Research output: Contribution to journalJournal articlepeer-review

We consider, both theoretically and empirically, the allocation of time and money within the household. The research question is whether a married person who enjoys more leisure than their partner also receives more consumption (which seems to indicate the outcome of power within the household) or receives less consumption (which seems to indicate differing intrahousehold preferences). We develop a simple parametric structural model with household production that is tested on survey data. We find that relative wages have an impact on power. For leisure, this effect is dominated by a conventional wage effect, in which the partner who has the higher wage takes less leisure.
Original languageEnglish
JournalScandinavian Journal of Economics
Volume114
Issue number3
Pages (from-to)681-704
ISSN0347-0520
DOIs
Publication statusPublished - 2012

ID: 44294879