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Time use and macroeconomic uncertainty / by Matteo Cacciatore, Stefano Gnocchi and Daniela Hauser.FB3-5/2023-29E-PDF

"We estimate the effects of economic uncertainty on time use and discuss its macroeconomic implications. Using data from the American Time Use Survey, we first infer cyclical variation in home production and leisure time. We then document that higher uncertainty increases housework and reduces market hours worked, with modest effects on leisure. Finally, we propose a model of housework with time-varying uncertainty that quantitatively accounts for these results"--Abstract.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.927452&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleTime use and macroeconomic uncertainty / by Matteo Cacciatore, Stefano Gnocchi and Daniela Hauser.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2023-29
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: May 30, 2023."
  • Includes bibliographical references.
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2023.
  • ©2023
Author / Contributor
  • Cacciatore, Matteo, author.
Description1 online resource (1 volume (various pagings))
Catalogue number
  • FB3-5/2023-29E-PDF
Subject terms
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