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Understanding Post-War Changes in U.S. Household Production: A Full-Income Demand-System Perspective

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  • Huffman, Wallace

Abstract

This paper examines the changing structure of U.S. household production over the post-World War II period. We apply production theory in order to define a new set of inputs for U.S. households and use newly constructed data so as to examine with the aid of a relatively simple complete household aggregate demand system. The goal is to extent our understanding of the changing structure of the U.S. household sector over the post-World War II period, including the demand for inputs of women

Suggested Citation

  • Huffman, Wallace, 2006. "Understanding Post-War Changes in U.S. Household Production: A Full-Income Demand-System Perspective," Staff General Research Papers Archive 12696, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:12696
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    File URL: http://www2.econ.iastate.edu/papers/p3859-2006-11-16.pdf
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    References listed on IDEAS

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    1. Benhabib, Jess & Rogerson, Richard & Wright, Randall, 1991. "Homework in Macroeconomics: Household Production and Aggregate Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1166-1187, December.
    2. Benhabib, Jess & Rogerson, Richard & Wright, Randall, 1990. "Homework In Macroeconomics I: Basic Theory," Working Papers 90-17, C.V. Starr Center for Applied Economics, New York University.
    3. Mark Aguiar & Erik Hurst, 2007. "Measuring Trends in Leisure: The Allocation of Time Over Five Decades," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(3), pages 969-1006.
    4. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
    5. Berndt, Ernst R & Savin, N Eugene, 1975. "Estimation and Hypothesis Testing in Singular Equation Systems with Autoregressive Disturbances," Econometrica, Econometric Society, vol. 43(5-6), pages 937-957, Sept.-Nov.
    6. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
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    Cited by:

    1. Huffman, Wallace E. & Huffman, Sonya Kostova & Tegene, Abebayehu & Rickertsen, Kyrre, 2006. "The Economics of Obesity-Related Mortality among High Income Countries," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25567, International Association of Agricultural Economists.
    2. Ali Fakih, 2018. "What Determines Vacation Leave? The Role Of Gender," Bulletin of Economic Research, Wiley Blackwell, vol. 70(1), pages 1-19, January.
    3. Michael Malcolm, 2013. "Preferences and Policies: An Intra-Household Demand System," Economic Papers, The Economic Society of Australia, vol. 32(1), pages 67-80, March.

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    More about this item

    Keywords

    complete-demand system; household production; housework; price elasticities; income elasticities; post-World War II;
    All these keywords.

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General

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