Abstract
From 1830 to 2000 hours worked fell on two accounts: a drop in the market workweek and a decline in housework. The end result was that leisure rose. What caused this? The answer is technological progress. First, rising living standards implied that people could work less. Second, the introduction of new forms of leisure goods enhanced the value of time off. Third, time-saving household products reduced the need for housework. The time released allowed women to switch from home into market production. These points are illustrated with the use of historical evidence, economic theory, and numerical examples.
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Greenwood, J., Vandenbroucke, G. (2018). Hours Worked (Long-Run Trends). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2409
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2409
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