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Indices of Household Welfare and the Value of Leisure Time

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  • Kokoski, Mary F

Abstract

Leisure-inclusive welfare indices, such as the real wage index, have been previously in-vestigated only with aggregate data. Using mi-cro data, however, these indices show the ef-fects of increasing labor market employment of househo ld members. Real wage, expenditure, and nonlabor income indices are compared acr oss six types of husband/wife households. These indices are also compared to ad hoc real wage and leisure-exclusive index measures. Doubt is cast on pastresult s based upon aggregate data. Copyright 1987 by MIT Press.

Suggested Citation

  • Kokoski, Mary F, 1987. "Indices of Household Welfare and the Value of Leisure Time," The Review of Economics and Statistics, MIT Press, vol. 69(1), pages 83-89, February.
    • Handle: RePEc:tpr:restat:v:69:y:1987:i:1:p:83-89
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    Cited by:

    1. Matthieu Bunel, 2002. "Added worker effect revisited through the French working time reduction experiment," Post-Print halshs-00178452, HAL.
    2. Matthieu Bunel, 2004. "Les conjoints des salariés passés à 35 heures travaillent-ils davantage ?. Une analyse de l'offre de travail familiale sur données françaises," Economie & Prévision, La Documentation Française, vol. 0(3), pages 165-188.
    3. Kim, Chiho, 1987. "The demand for domestic services, capital services, wife's home time, and other inputs: an econometric analysis of technical and other changes affecting U.S. households, 1900-1985," ISU General Staff Papers 1987010108000012697, Iowa State University, Department of Economics.
    4. Robin L. Bartlett & James H. Grant & Timothy I. Miller, 1990. "Personality Differences and Executive Compensation," Eastern Economic Journal, Eastern Economic Association, vol. 16(3), pages 187-195, Jul-Sep.
    5. Xiang Wei & Hailin Qu & Emily Ma, 2016. "How Does Leisure Time Affect Production Efficiency? Evidence from China, Japan, and the US," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(1), pages 101-122, May.

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