Estimating Time Demand Elasticities Under Rationing.
A multivariate extension of the standard labour supply model in presented. In the multivariate time allocation model leisure is disaggregated into a number of non market activities including sports, volunteer work and home production. Using data from the 2000 UK Time Use Survey, a linear expenditure...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2004
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| _version_ | 1797078150375538688 |
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| author | Prowse, V |
| author_facet | Prowse, V |
| author_sort | Prowse, V |
| collection | OXFORD |
| description | A multivariate extension of the standard labour supply model in presented. In the multivariate time allocation model leisure is disaggregated into a number of non market activities including sports, volunteer work and home production. Using data from the 2000 UK Time Use Survey, a linear expenditure system is estimated, allowing corner solutions in the time allocated to market work and non market activities. The e¤ects of children, age, gender and education are largely as expected. The unusually high wage elasticities are attributed to a combination of the functional form of the linear expenditure and the treatment of the zero observations. |
| first_indexed | 2024-03-07T00:28:23Z |
| format | Working paper |
| id | oxford-uuid:7eebed59-cc5f-41eb-9caa-3bd077cda340 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T00:28:23Z |
| publishDate | 2004 |
| publisher | Department of Economics (University of Oxford) |
| record_format | dspace |
| spelling | oxford-uuid:7eebed59-cc5f-41eb-9caa-3bd077cda3402022-03-26T21:13:22ZEstimating Time Demand Elasticities Under Rationing.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:7eebed59-cc5f-41eb-9caa-3bd077cda340EnglishOxford University Research Archive - ValetDepartment of Economics (University of Oxford)2004Prowse, VA multivariate extension of the standard labour supply model in presented. In the multivariate time allocation model leisure is disaggregated into a number of non market activities including sports, volunteer work and home production. Using data from the 2000 UK Time Use Survey, a linear expenditure system is estimated, allowing corner solutions in the time allocated to market work and non market activities. The e¤ects of children, age, gender and education are largely as expected. The unusually high wage elasticities are attributed to a combination of the functional form of the linear expenditure and the treatment of the zero observations. |
| spellingShingle | Prowse, V Estimating Time Demand Elasticities Under Rationing. |
| title | Estimating Time Demand Elasticities Under Rationing. |
| title_full | Estimating Time Demand Elasticities Under Rationing. |
| title_fullStr | Estimating Time Demand Elasticities Under Rationing. |
| title_full_unstemmed | Estimating Time Demand Elasticities Under Rationing. |
| title_short | Estimating Time Demand Elasticities Under Rationing. |
| title_sort | estimating time demand elasticities under rationing |
| work_keys_str_mv | AT prowsev estimatingtimedemandelasticitiesunderrationing |