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Allocating Time: Individuals' Technologies, Household Technology, Perfect Substitutes, and Specialization

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NBER2011-10-01 更新2025-01-04 收录
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In an efficient household if the spouses' time inputs are perfect substitutes, then spouses will "specialize" regardless of their preferences and the governance structure. That is, both spouses will not allocate time to both household production and the market sector. The perfect substitutes

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2011-10-01
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