Valuing Lost Home Production of Dual Earner Couples

TitleValuing Lost Home Production of Dual Earner Couples
Publication TypeJournal Article
Year of Publication2008
AuthorsHouse, C, Laitner, JP, Stolyarov, D
JournalInternational Economic Review
Volume49
Issue2
Pagination701
Call Numbernewpubs20080508_IntlEcRev.pdf
KeywordsNet Worth and Assets, Women and Minorities
Abstract

Using a life-cycle model in which women divide their time between home and market work, we establish a link between retirement wealth and the value of forgone home production. We use data from the Health and Retirement Study to estimate the model's parameters and adjust the growth rate of GDP to reflect reductions in nonmarket output. We find that the value of forgone home production is modest - about 25 of women's measured earnings.

Endnote Keywords

Women, Working/Retirement Wealth

Endnote ID

18890

Citation Key7219
PubMed ID20052402
PubMed Central IDPMC2801081