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Author:Rios-Rull, J-V.
Title:Working in the market, working at home, and the acquisition of skills: A general-equilibrium approach.
Journal:American Economic Review
1993 : SEP, VOL. 83:4, p. 893-907
Index terms:HOME WORKING
LABOUR
EQUILIBRIUM ANALYSIS
QUALIFICATIONS
WORK STRUCTURING
WORK STUDY
Language:eng
Abstract:Over time, productivity and education have increased, while hours worked have not. Cross-sectionally, higher-wage individuals have more schooling, more hours worked in the market, fewer hours worked at home, and a lower variance of market hours. Over the life cycle, older individuals have higher wages, more hours worked both in the market and at home, a lower variance of market hours, and almost the same amount of education as younger agents. These and other facts are documented, and a simple overlapping-generations model with skill acquisition and home production which delivers most of these properties is constructed.
SCIMA record nr: 109188
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