Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/110729
Authors: 
Cherchye, Laurens
De Rock, Bram
Vermeulen, Frederic
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 9001
Abstract: 
The implementation of Gary Becker's (1965) time allocation model is hampered by the fact that values of the different time uses are usually not observed. In practice, one often assumes that the value of time is uniform across time uses by using market wages. This approach implies a fundamental identification problem. We demonstrate that the identification problem can be solved if production shifters are available.
Subjects: 
time use
home production
identification
production shifter
JEL: 
D11
D12
D13
Document Type: 
Working Paper

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