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The Allocation of Time: Young Versus Elderly Households in Japan

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  • Tadashi Yamada
  • Tetsuji Yamada

Abstract

Our study shows that the household production theory illuminates the behavior of households in the allocation of time and consumption expenditures. Among the noteworthy findings derived from our data, the various household non-market time allocations (consequently, market labor supply) cannot be separated from consumption expenditures. An increase in market wage rates for both young and elderly households reduces their time spent on household nonmarket activities, such as child care, medical care, and listening to the radio and watching TV. The high opportunity costs of waiting at the hospital clearly discourage working people from visiting the hospital. These results show not a few similarities between the household non-market time allocation in Japan and that to be found in the U.S.

Suggested Citation

  • Tadashi Yamada & Tetsuji Yamada, 1993. "The Allocation of Time: Young Versus Elderly Households in Japan," NBER Working Papers 4386, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:4386
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    References listed on IDEAS

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    Cited by:

    1. R.Ramya, 2019. "Care Work and Time Use: A Focus on Child Care, Personal Care and Elderly Care Time," Shanlax International Journal of Economics, Shanlax Journals, vol. 7(2), pages 34-41, March.
    2. Tetsuji Yamada & Tadashi Yamada & Chang Gun Kim & Haruko Noguchi, 1994. "Effectiveness of Government Policy: An Experience from a National HealthCare System," NBER Working Papers 4786, National Bureau of Economic Research, Inc.

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    More about this item

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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