In a paper called “A Century of Work and Leisure”, the economists Valerie A. Ramey and Neville Francis found that Americans indeed work fewer hours than they did 100 years ago, but fill up a lot of their extra time with “home production” tasks. And they argued that anything at or above a 7.3 is leisure, while anything below is home
In a paper called “A Century of Work and Leisure”, the economists Valerie A. Ramey and Neville Francis found that Americans indeed work fewer hours than they did 100 years ago, but fill up a lot of their extra time with “home production” tasks. And they argued that anything at or above a 7.3 is leisure, while anything below is home