We develop and estimate a novel framework for thinking about the allocation of time by revisiting Becker’s notion that opportunity cost is determined activities other than market work. These are produced combining goods. document households engage in two types activities: luxuries necessities. An increasing share goods allocated to as wages rise. The opposite true To rationalize these facts, we model with non-homothetic preferences use. use study effect wage changes price on hours worked,...

In this survey, we argue that the economic analysis of fertility has entered a new era. First-generation models choice were designed to account for two empirical regularities that, in past, held both across countries and families given country: negative relationship between income fertility, another women's labor force participation fertility. The economics era because these stylized facts no longer universally hold. high-income countries, income-fertility flattened some cases reversed,...

Abstract Two centuries ago, in most countries around the world, women were unable to vote, had no say over their own children or property, and could not obtain a divorce. Women have gradually gained rights many areas of life, this legal expansion has been closely intertwined with economic development. We aim understand drivers behind these reforms. To end, we distinguish between four types women’s rights—economic, political, labor, body—and document evolution past 50 years across countries....

We document the large dispersion in hours worked cross-section.We account for this fact using a model which households combine market inputs and time to produce set of nonmarket activities.To estimate model, we create novel data that pairs expenditures use at activity level from Consumer Expenditure Survey American Time Use Survey, respectively.The estimated can fraction data.The substitutability between within an across sizable number activities is key our results.We show models lack these...

In this survey, we argue that the economic analysis of fertility has entered a new era. First-generation models choice were designed to account for two empirical regularities that, in past, held both across countries and families given country: negative relationship between income fertility, another women's labor force participation fertility. The economics era because these stylized facts no longer universally hold. high-income countries, income-fertility flattened some cases reversed,...

Two centuries ago, in most countries around the world, women were unable to vote, had no say over their own children or property, and could not obtain a divorce. Women have gradually gained rights many areas of life, this legal expansion has been closely intertwined with economic development. We aim understand drivers behind these reforms. To end, we distinguish between four types women’s rights—economic, political, labor, body—and document evolution past 50 years across countries. summarize...