Consumption and time use responses to unemployment: Implications for the lifecycle model

IF 1.6 3区 经济学 Q2 ECONOMICS Economica Pub Date : 2023-08-28 DOI:10.1111/ecca.12494
Jim Been, Eduard Suari-Andreu, Marike Knoef, Rob Alessie
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引用次数: 1

Abstract

In this study, we analyse the effects of unemployment on consumption and time use. To do so, we employ a micro panel dataset for the Netherlands containing a large set of expenditure and time use categories. Our results show a small negative effect of unemployment on expenditures, and large positive effects on time spent on home production and leisure activities. We do not find evidence for complementarity between leisure and consumption or for substitution between home production and expenditures. We use our results to estimate a ratio of relevant lifecycle parameters, and show that the point estimates and their precision depend strongly on the expenditure and time use categories considered.

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对失业的消费和时间使用响应:生命周期模型的含义
在本研究中,我们分析了失业对消费和时间使用的影响。为此,我们采用了荷兰的微观面板数据集,其中包含大量的支出和时间使用类别。我们的研究结果显示,失业对支出的负面影响很小,而对花在家庭生产和休闲活动上的时间有很大的积极影响。我们没有发现闲暇与消费之间的互补性或家庭生产与支出之间的替代性的证据。我们使用我们的结果来估计相关生命周期参数的比率,并表明点估计及其精度在很大程度上取决于所考虑的支出和时间使用类别。
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来源期刊
Economica
Economica ECONOMICS-
CiteScore
2.40
自引率
0.00%
发文量
49
审稿时长
5 weeks
期刊介绍: Economica is an international journal devoted to research in all branches of economics. Theoretical and empirical articles are welcome from all parts of the international research community. Economica is a leading economics journal, appearing high in the published citation rankings. In addition to the main papers which make up each issue, there is an extensive review section, covering a wide range of recently published titles at all levels.
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