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Non-Market Time and Household Well-Being

Christos Koulovatianos, Carsten Schröder and Ulrich Schmidt ()

Vienna Economics Papers from University of Vienna, Department of Economics

Abstract: A distinguishing feature among households is whether adult members work or not, since the employment status affects 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 different 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.

JEL-codes: C42 D13 D31 I31 J22 (search for similar items in EconPapers)
Date: 2005-06
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Citations: View citations in EconPapers (1)

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