An Econometric Analysis of Time Use in Finnish Households

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Journal ISSN
Volume Title
School of Business | Doctoral thesis (article-based) | Defence date: 2004-12-02
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Date
2004
Department
Major/Subject
Kansantaloustiede
Economics
Mcode
Degree programme
Language
en
Pages
230 s.
Series
Acta Universitatis oeconomicae Helsingiensis. A, 246
Abstract
This essay surveys the peculiarities of time-use data from the viewpoint of economic research. The most popular approach in modelling economic behaviour with time-use has been the household production model introduced by Becker in the 1960’s. However its empirical implication has been difficult. The biggest problem with time-use data is that it has been collected for the needs of societal accounting. Therefore there exists only few observations on a given individual. This creates the problem of zero observations for seldom recurring activities. Econometric estimation is in many cases hampered also by the lack of necessary background variables like income information
Description
Supervising professor
Ilmakunnas, Pekka, professor
Keywords
Other note
Citation
Permanent link to this item
https://urn.fi/URN:ISBN:951-791-893-3