Families, Time And Money In Canada, Germany, Sweden, The United Kingdom And The United States
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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Volume (Year): 53 (2007)
Issue (Month): 3 (09)
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References listed on IDEAS
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.:
- John Micklewright, 2003.
"Child Poverty in English-Speaking Countries,"
inwopa03/25, Innocenti Working Papers, revised 2003.
- Michael Bittman & Robert Goodin, 2000. "An Equivalence Scale for Time," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 52(3), pages 291-311, December.
- Shelley Phipps & Peter Burton & Lars Osberg, 2001. "Time as a Source of Inequality Within Marriage: Are Husbands More Satisfied With Time for Themselves than Wives?," Feminist Economics, Taylor & Francis Journals, vol. 7(2), pages 1-21.
- Shelley A. Phipps & Peter S. Burton, 1995. "Sharing within Families: Implications for the Measurement of Poverty among Individuals in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 28(1), pages 177-204, February.
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