On the Price of Recreation Goods as a Determinant of Male Labor Supply
AbstractWe examine whether and how variations in the price of recreation goods influence men’s allocation of market work. For the United States, individual-level data are combined with metropolitan-area-level price indices to estimate the male elasticity of intertemporal substitution of market work with respect to the price of recreation goods, which is found around 0.16 and statistically significant. The allocation of market work in response to changes in the price of recreation goods would create movements in the output of an economy. Moreover, it could contribute toward explaining the emerging differences in work and leisure between the United States and Europe.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Labor Economics.
Volume (Year): 25 (2007)
Issue (Month): ()
Contact details of provider:
Web page: http://www.journals.uchicago.edu/JOLE/
Other versions of this item:
- Jorge González-Chapela, 2007. "On The Price Of Recreation Goods As A Determinant Of Male Labor Supply," Working Papers. Serie AD 2007-04, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Blundell, Richard & Macurdy, Thomas, 1999.
"Labor supply: A review of alternative approaches,"
Handbook of Labor Economics,
in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 27, pages 1559-1695
- Gilbert Ghez & Gary S. Becker, 1975. "The Allocation of Time and Goods over the Life Cycle," NBER Books, National Bureau of Economic Research, Inc, number ghez75-1.
- Mankiw, N Gregory & Rotemberg, Julio J & Summers, Lawrence H, 1985.
"Intertemporal Substitution in Macroeconomics,"
The Quarterly Journal of Economics,
MIT Press, vol. 100(1), pages 225-51, February.
- Reuben Gronau & Daniel S. Hamermesh, 2006.
"Time Vs. Goods: The Value Of Measuring Household Production Technologies,"
Review of Income and Wealth,
International Association for Research in Income and Wealth, vol. 52(1), pages 1-16, 03.
- Reuben Gronau & Daniel S. Hamermesh, 2003. "Time Vs. Goods: The Value of Measuring Household Production Technologies," NBER Working Papers 9650, National Bureau of Economic Research, Inc.
- Joseph G. Altonji & John C. Ham, 1990. "Intertemporal Substitution, Exogeneity, and Surprises: Estimating Life Cycle Models for Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 23(1), pages 1-43, February.
- M Arellano & O Bover, 1990.
"Another Look at the Instrumental Variable Estimation of Error-Components Models,"
CEP Discussion Papers
dp0007, Centre for Economic Performance, LSE.
- Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
- Hamilton, James D, 1983. "Oil and the Macroeconomy since World War II," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 228-48, April.
- James P. Ziliak & Thomas J. Kniesner, 1998. "The Importance of Sample Attrition in Life Cycle Labor Supply Estimation," Journal of Human Resources, University of Wisconsin Press, vol. 33(2), pages 507-530.
- John Shea, 1997.
"Instrument Relevance in Multivariate Linear Models: A Simple Measure,"
The Review of Economics and Statistics,
MIT Press, vol. 79(2), pages 348-352, May.
- John Shea, 1996. "Instrument Relevance in Multivariate Linear Models: A Simple Measure," NBER Technical Working Papers 0193, National Bureau of Economic Research, Inc.
- Juster, F Thomas & Stafford, Frank P, 1991.
"The Allocation of Time: Empirical Findings, Behavioral Models, and Problems of Measurement,"
Journal of Economic Literature,
American Economic Association, vol. 29(2), pages 471-522, June.
- Juster, F. Thomas & Stafford, Frank P., 1990. "The Allocation of Time: Empirical Findings, Behavioural Models, and Problems of Measurement," Working Paper Series 258, Research Institute of Industrial Economics.
- Mankiw, N. Gregory & Weil, David N., 1989.
"The baby boom, the baby bust, and the housing market,"
Regional Science and Urban Economics,
Elsevier, vol. 19(2), pages 235-258, May.
- N. Gregory Mankiw & David N. Weil, 1990. "The Baby Boom, The Baby Bust, and the Housing Market," NBER Working Papers 2794, National Bureau of Economic Research, Inc.
- Reilly, Kevin T, 1994. "Annual Hours and Weeks in a Life-Cycle Labor Supply Model: Canadian Evidence on Male Behavior," Journal of Labor Economics, University of Chicago Press, vol. 12(3), pages 460-77, July.
- Eric French, 2000.
"The labor supply response to (mismeasured but) predictable wage changes,"
Working Paper Series
WP-00-8, Federal Reserve Bank of Chicago.
- Eric French, 2004. "The Labor Supply Response to (Mismeasured but) Predictable Wage Changes," The Review of Economics and Statistics, MIT Press, vol. 86(2), pages 602-613, May.
- Browning, Martin & Meghir, Costas, 1991. "The Effects of Male and Female Labor Supply on Commodity Demands," Econometrica, Econometric Society, vol. 59(4), pages 925-51, July.
- Hansen, Lars Peter, 1982. "Large Sample Properties of Generalized Method of Moments Estimators," Econometrica, Econometric Society, vol. 50(4), pages 1029-54, July.
- Abbott, Michael & Ashenfelter, Orley, 1976. "Labour Supply, Commodity Demand and the Allocation of Time," Review of Economic Studies, Wiley Blackwell, vol. 43(3), pages 389-411, October.
- Altonji, Joseph G, 1986. "Intertemporal Substitution in Labor Supply: Evidence from Micro Data," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages S176-S215, June.
- repec:pri:indrel:649 is not listed on IDEAS
- Ziliak, J.P. & Kniesner, T.J., 1996. "The Importance of Sample Attrition in Life Cycle Labor Supply," Discussion Paper 1996-46, Tilburg University, Center for Economic Research.
- Daniel S. Hamermesh & Harley Frazis & Jay Stewart, 2005. "Data Watch: The American Time Use Survey," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 221-232, Winter.
- MaCurdy, Thomas E, 1981. "An Empirical Model of Labor Supply in a Life-Cycle Setting," Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1059-85, December.
- Browning, Martin & Deaton, Angus & Irish, Margaret, 1985. "A Profitable Approach to Labor Supply and Commodity Demands over the Life-Cycle," Econometrica, Econometric Society, vol. 53(3), pages 503-43, May.
- Arellano, Manuel & Bond, Stephen, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
Review of Economic Studies,
Wiley Blackwell, vol. 58(2), pages 277-97, April.
- Tom Doan, . "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Bound, John & Brown, Charles & Mathiowetz, Nancy, 2001. "Measurement error in survey data," Handbook of Econometrics, in: J.J. Heckman & E.E. Leamer (ed.), Handbook of Econometrics, edition 1, volume 5, chapter 59, pages 3705-3843 Elsevier.
- Abdel-Rahmen El Lahga & Nicolas Moreau, 2007.
"Would You Marry Me?: The Effects of Marriage on German Couples' Allocation of Time,"
SOEPpapers on Multidisciplinary Panel Data Research
12, DIW Berlin, The German Socio-Economic Panel (SOEP).
- El Lahga, AbdelRahmen & Moreau, Nicolas, 2007. "Would you Marry me? The Effects of Marriage on German Couples? Allocation of Time," ZEW Discussion Papers 07-024, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Anastasia Semykina & Jeffrey M. Woodridge, 2010.
"Estimating Panel Data Models in the Presence of Endogeneity and Selection,"
wp2010_10_01, Department of Economics, Florida State University.
- Semykina, Anastasia & Wooldridge, Jeffrey M., 2010. "Estimating panel data models in the presence of endogeneity and selection," Journal of Econometrics, Elsevier, vol. 157(2), pages 375-380, August.
- Yukawa, Shiho, 2012.
[The Effect of Recreational Goods Price on Fertility]," MPRA Paper 35808, University Library of Munich, Germany.
- Jorge González-Chapela, 2011.
"Recreation, home production and intertemporal substitution of female labor supply: evidence on the intensive margin,"
Working Papers. Serie AD
2011-04, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Jorge Gonzalez Chapela, 2011. "Recreation, home production, and intertemporal substitution of female labor supply: evidence on the intensive margin," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(3), pages 532-548, July.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division).
If references are entirely missing, you can add them using this form.