Abstract

http://ssrn.com/abstract=887526
 
 

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Measuring Trends in Leisure: The Allocation of Time over Five Decades


Mark Aguiar


University of Rochester - Department of Economics

Erik Hurst


University of Chicago - Booth School of Business; National Bureau of Economic Research (NBER)

January 2006

FRB Boston Working Paper No. 06-2

Abstract:     
In this paper, we use five decades of time-use surveys to document trends in the allocation of time. We document that a dramatic increase in leisure time lies behind the relatively stable number of market hours worked (per working-age adult) between 1965 and 2003. Specifically, we document that leisure for men increased by 6-8 hours per week (driven by a decline in market work hours) and for women by 4-8 hours per week (driven by a decline in home production work hours). This increase in leisure corresponds to roughly an additional 5 to 10 weeks of vacation per year, assuming a 40-hour work week. We also find that leisure increased during the last 40 years for a number of sub-samples of the population, with less-educated adults experiencing the largest increases. Lastly, we document a growing "inequality" in leisure that is the mirror image of the growing inequality of wages and expenditures, making welfare calculation based solely on the latter series incomplete.

Number of Pages in PDF File: 61

JEL Classification: D12, D13, J22

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Date posted: March 4, 2006  

Suggested Citation

Aguiar, Mark and Hurst, Erik, Measuring Trends in Leisure: The Allocation of Time over Five Decades (January 2006). FRB Boston Working Paper No. 06-2. Available at SSRN: http://ssrn.com/abstract=887526 or http://dx.doi.org/10.2139/ssrn.887526

Contact Information

Mark Aguiar (Contact Author)
University of Rochester - Department of Economics ( email )
Harkness Hall
Rochester, NY 14627
United States
Erik Hurst
University of Chicago - Booth School of Business ( email )
5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
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