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Families, Time And Money In Canada, Germany, Sweden, The United Kingdom And The United States

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  • Peter Burton
  • Shelley Phipps

Abstract

Using microdata from the Luxembourg Income Study, we assess "time crunch" for families with children in Canada, Germany, Sweden, the U.K. and the U.S. Both theory and empirical evidence suggest that both time and money are important inputs to the well-being of parents and children. We present cross-country comparisons of "total available adult hours" under different assumptions about the varying time needs of families of different size. We also present estimates of "time shortages." In all cases, we provide separate estimates for families located at different points in the country income distributions, since being short of both time and money is likely to be particularly problematic. Although paid work hours are highest for high-income families, we nonetheless find significant numbers of lower-income families in which parents work very long hours in the paid labor market; this is particularly the case in the U.S. Copyright � 2007 The Authors; Journal compilation � International Association for Research in Income and Wealth 2007.

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Bibliographic Info

Article provided by International Association for Research in Income and Wealth in its journal Review of Income and Wealth.

Volume (Year): 53 (2007)
Issue (Month): 3 (09)
Pages: 460-483

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Handle: RePEc:bla:revinw:v:53:y:2007:i:3:p:460-483

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Cited by:
  1. Daniel Miller, 2011. "Maternal Work and Child Overweight and Obesity: The Importance of Timing," Journal of Family and Economic Issues, Springer, vol. 32(2), pages 204-218, June.
  2. Jens Bonke & Mette Deding & Mette Lausten, 2009. "Time and Money," Journal of Happiness Studies, Springer, vol. 10(2), pages 113-131, April.
  3. Myck, Michal & Ochmann, Richard & Qari, Salmai, 2008. "Dynamics of Earnings and Hourly Wages in Germany," IZA Discussion Papers 3751, Institute for the Study of Labor (IZA).
  4. J. Bonke & M. Deding & M. Lausten, 2006. "Time and Money: Substitutes in Real Terms and Complements in Satisfactions," Economics Working Paper Archive wp_451, Levy Economics Institute.
  5. Alex Sienaert, 2008. "Some Child Cost Estimates for South Africa," Economics Series Working Papers WPS/2008-15, University of Oxford, Department of Economics.
  6. Nancy Folbre, 2009. "Time Use and Living Standards," Social Indicators Research, Springer, vol. 93(1), pages 77-83, August.
  7. Chai, Andreas & Bradley, Graham & Lo, Alex Y. & Reser, Joseph, 2014. "What time to adapt? The role of discretionary time in sustaining the climate change value-action gap," MPRA Paper 53461, University Library of Munich, Germany.
  8. Alex Sienaert, 2008. "Some Child Cost Estimates for South Africa," CSAE Working Paper Series 2008-15, Centre for the Study of African Economies, University of Oxford.
  9. Jamie Spinney & Hugh Millward, 2010. "Time and Money: A New Look at Poverty and the Barriers to Physical Activity in Canada," Social Indicators Research, Springer, vol. 99(2), pages 341-356, November.

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