Recent Developments in the Economics of Time Use

Posted: 1 Sep 2012

See all articles by Mark Aguiar

Mark Aguiar

Princeton University

Erik Hurst

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

Loukas Karabarbounis

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

Date Written: July 2012

Abstract

The proliferation of new data sets and their harmonization with the older data sets have allowed researchers to make significant progress in our understanding of how individuals allocate their time away from market work. We highlight how these new data can be used to test theories of time use and we review recent developments in long-run trends in time use, life-cycle patterns of expenditures and labor supply, and the allocation of time over the business cycle.

Suggested Citation

Aguiar, Mark and Hurst, Erik and Karabarbounis, Loukas, Recent Developments in the Economics of Time Use (July 2012). Annual Review of Economics, Vol. 4, pp. 373-397, 2012, Available at SSRN: https://ssrn.com/abstract=2139263 or http://dx.doi.org/10.1146/annurev-economics-111809-125129

Mark Aguiar (Contact Author)

Princeton University ( email )

Princeton, NJ 08544-1021
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

Loukas Karabarbounis

University of Chicago - Booth School of Business ( email )

5807 South Woodlawn Avenue
Chicago, IL 60637
United States

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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