VALUING LOST HOME PRODUCTION OF DUAL EARNER COUPLES.

TitleVALUING LOST HOME PRODUCTION OF DUAL EARNER COUPLES.
Publication TypeJournal Article
Year of Publication2008
AuthorsHouse, CL, Laitner, J, Stolyarov, D
JournalInt Econ Rev (Philadelphia)
Volume49
Issue2
Pagination701-736
Date Published2008 May 01
ISSN Number0020-6598
Call Numbernewpubs20080508_IntlEcRev.pdf
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 non-market output. We find that the value of forgone home production is modest - about 25 percent of women's measured earnings.
DOI10.1111/j.1468-2354.2008.00495.x
User Guide Notes

http://www.ncbi.nlm.nih.gov/pubmed/20052402?dopt=Abstract
Endnote Keywords

Women, Working/Retirement Wealth
Endnote ID

18890
Alternate JournalInt Econ Rev (Philadelphia)
Citation Key7219
PubMed ID20052402
PubMed Central IDPMC2801081
Grant ListR01 AG030841-01 / AG / NIA NIH HHS / United States