Individual Labour Supply Decisions with Respect To Household Production and Over the Life Cycle

Rozhodování o individuální nabídce práce s ohledem na produkci domácnosti a v průběhu životního cyklu

Dagmar Brožová

Acta Oeconomica Pragensia, 2010, vol. 2010, issue 1, 21-33

Abstract: The article presents two other applications of the standard neoclassical model of consumption-leisure choice, which forms the individual labour supply. The first one is decision making concerning time allocation with regard to household production; the second one is focused on labour supply over the life cycle. The final part supports the theoretical conclusions of models with selected recent statistical data from the Czech background.

Keywords: household production; time allocation; life cycle labour supply; intertemporal substitution hypothesis (search for similar items in EconPapers)
JEL-codes: D13 D91 J22 (search for similar items in EconPapers)
Date: 2010
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DOI: 10.18267/j.aop.292

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