Premium
Family Composition, Parental Time, and Market Goods: Life Cycle Trade‐Offs
Author(s) -
DOUTHITT ROBIN A.,
FEDYK JOANNE M.
Publication year - 1990
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/j.1745-6606.1990.tb00261.x
Subject(s) - consumption (sociology) , production (economics) , durable good , business , economics , labour economics , microeconomics , sociology , social science
The present study supplements Canadian consumer expenditure survey data with unique time use data to analyze family life cycle decisions regarding allocation of full income to market purchased consumption goods, home production, and leisure time. Results confirm that young children's presence causes families to increase their shares of full income allocated to home production and to decrease the shares of full income allocated to leisure. As a share of full income, expenditures for market goods steadily increase while expenditures for women's home production diminish as children age.