English, Article, Journal or magazine article edition: Home production Yongsung Chang; Andreas Hornstein

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Bookmark: http://trove.nla.gov.au/version/74955
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Home production
Author
  • Yongsung Chang
  • Andreas Hornstein
Physical Description
  • preprint
Notes
  • Studying the incentives and constraints in the non-market sector — that is, home production — enhances our understanding of economic behavior in the market. In particular, it helps us to understand (1) small variations of labor supply over the life cycle, (2) large variations of employment relative to wages over the business cycle, and (3) large income differences across countries.
  • Labor supply
  • RePEc:fip:fedrwp:06-04
Language
  • English
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