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Does home production replace consumption spending? Evidence from shocks in housing wealth in the Great Recession

Becker’s theory of home production suggests substitutability between consumption spending and home production. Using panel data with detailed information on spending and time use, we analyze house-holds’ ability to replace consumption spending by home produced counterparts. Keeping wages fixed and c...

Deskribapen osoa

Gorde:
Xehetasun bibliografikoak
Argitaratua izan da:Rev Econ Stat
Egile Nagusiak: Been, Jim, Rohwedder, Susann, Hurd, Michael
Formatua: Artigo
Hizkuntza:Inglês
Argitaratua: 2020
Gaiak:
Sarrera elektronikoa:https://ncbi.nlm.nih.gov/pmc/articles/PMC7597678/
https://ncbi.nlm.nih.gov/pubmed/33132446
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1162/rest_a_00794
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