A distinguishing feature among households is whether adult members work or not, since the employment status a?ects a household’s available time for home activities. Using a survey method in two countries, Belgium and Germany, we provide household incomes that retain the level of well-being across di?erent family types, distinguished by family size and employment status of adults. Our tests support that specialization in home production and childcare-time costs are important determinants of household well-being. Estimates of child costs relative to an adult are higher for households that are time-constrained (all adults in the household work), and also higher for poorer households.
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Paper provided by University of Vienna, Department of Economics in its series Vienna Economics Papers with number
0507.
Find related papers by JEL classification: D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
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