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Time Allocation and Economic Welfare
Author(s) -
Bentivogli Chiara
Publication year - 1992
Publication title -
labour
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.403
H-Index - 34
eISSN - 1467-9914
pISSN - 1121-7081
DOI - 10.1111/j.1467-9914.1992.tb00246.x
Subject(s) - time allocation , welfare , economics , working time , work (physics) , leisure time , labour economics , public economics , market economy , engineering , mechanical engineering , management , physical activity , medicine , physical medicine and rehabilitation
. The paper analyzes the pattern of time allocation between work and leisure in industrialized countries. Some alternative explanations as to the slowing down in the shortening of working hours to those offered by the traditional economic theory are presented, in the light of empirical findings in the United States. Workers' endogenous preferences seem to play an important role in explaining this unforeseen trend in time allocation.