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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.

Suggested Citation

  • Peter Burton & Shelley Phipps, 2007. "Families, Time And Money In Canada, Germany, Sweden, The United Kingdom And The United States," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(3), pages 460-483, September.
    • Handle: RePEc:bla:revinw:v:53:y:2007:i:3:p:460-483
    DOI: 10.1111/j.1475-4991.2007.00239.x
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    Cited by:

    1. Slawa Rokicki & Mark E. McGovern, 2020. "Heterogeneity in Early Life Investments: A Longitudinal Analysis of Children's Time Use," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 66(3), pages 647-676, September.
    2. Chai, Andreas & Bradley, Graham & Lo, Alex & Reser, Joseph, 2015. "What time to adapt? The role of discretionary time in sustaining the climate change value–action gap," Ecological Economics, Elsevier, vol. 116(C), pages 95-107.
    3. Tania Burchardt, 2008. "Time and Income Poverty," CASE Reports casereport57, Centre for Analysis of Social Exclusion, LSE.
    4. Nancy Folbre, 2009. "Time Use and Living Standards," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 93(1), pages 77-83, August.
    5. Andersland, Leroy & Nilsen, Øivind A., 2016. "Households’ responses to price changes of formal childcare," Discussion Paper Series in Economics 20/2016, Norwegian School of Economics, Department of Economics.
    6. 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.
    7. Jamie Spinney & Hugh Millward, 2010. "Time and Money: A New Look at Poverty and the Barriers to Physical Activity in Canada," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 99(2), pages 341-356, November.
    8. Myck, Michal & Ochmann, Richard & Qari, Salmai, 2008. "Dynamics of Earnings and Hourly Wages in Germany," IZA Discussion Papers 3751, IZA Network @ LISER.
    9. Angela Daley & Thesia I. Garner & Shelley Phipps & Eva Sierminska, 2020. "Differences across Place and Time in Household Expenditure Patterns: Implications for the Estimation of Equivalence Scales," Economic Working Papers 520, Bureau of Labor Statistics.
    10. Angela Daley & Thesia Garner & Shelley Phipps & Eva Sierminska, 2020. "Differences across countries and time in household expenditure patterns: implications for the estimation of equivalence scales," International Review of Applied Economics, Taylor & Francis Journals, vol. 34(6), pages 734-757, November.
    11. Peter Burton & Shelley Phipps, 2011. "Families, Time, and Well-Being in Canada," Canadian Public Policy, University of Toronto Press, vol. 37(3), pages 395-423, September.
    12. 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.
    13. Jens Bonke & Mette Deding & Mette Lausten, 2009. "Time and Money," Journal of Happiness Studies, Springer, vol. 10(2), pages 113-131, April.
    14. Alex Sienaert, 2008. "Some Child Cost Estimates for South Africa," Economics Series Working Papers WPS/2008-15, University of Oxford, Department of Economics.
    15. 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.

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