Measuring the Gender Differences in Value of Time by Household Life Stage: An Intertemporal Analysis based on Japan Household Panel Survey

Lo, Ashley Wan-Tzu and Kono, Tatsuhito (2023): Measuring the Gender Differences in Value of Time by Household Life Stage: An Intertemporal Analysis based on Japan Household Panel Survey.

Abstract

We investigate the time values for married couples by life stage based on an intertemporal model that represents within-individual and within-couple trade-offs between different activities. Using Japan Household Panel Survey, we find that wives value their time greater than 4,400 yen/hour when their first child is of pre-school age; the value, however, decreases after their first child reaches school age. These changes reflect their time on work and commute. Conversely, the husbands’ time values are not very different in magnitude. We find that some dual-income households have time burden as they highly value their time saving on childcare.

• Item Type: MPRA Paper
• Language: English
• Keywords: Gender equality, household welfare, time allocation, value of time as a resource, value of childcare time saving
• Subjects: D - Microeconomics > D9 - Intertemporal Choice > D91 - Intertemporal Household Choice ; Life Cycle Models and Saving; J - Labor and Demographic Economics > J1 - Demographic Economics > J13 - Fertility ; Family Planning ; Child Care ; Children ; Youth; J - Labor and Demographic Economics > J1 - Demographic Economics > J16 - Economics of Gender ; Non-labor Discrimination; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J22 - Time Allocation and Labor Supply; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics > R41 - Transportation: Demand, Supply, and Congestion ; Travel Time ; Safety and Accidents ; Transportation Noise

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