Assenmacher, Walter; Wenke, Martin:

Konsumstruktur and Auslagerung von Haushaltsproduktion in Ausgewchlten Landern der OECD.(Consumption Structure and Monetization of Homeproduction in Selected OECD Countries. With English summary.)

In: Jahrbucher fur Nationalokonomie und Statistik, Jg. 215 (1996), S. 157-170
Zeitschriftenaufsatz / Fach: Wirtschaftswissenschaften
Based on a previous analysis for Western Germany the present paper examines the effects of increasing female labor supply on variations of the consumer structure in an international context. Using a microeconomic time allocation approach of private households, a standardized macroeconomic model is developed which explains aggregate demand components (services, durables, nondurables) for all analysed countries. This model allows for separating the traditional income effect ("monetization"), which is a result of an increasing female labor participation rate in that way that home production of goods and services has been changed into market demand. The empirical results for ten selected OECD-countries show significant differences of households propensity to remove home production.