Cheap Thrills: the Price of Leisure and the Global Decline in Work Hours
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Recreation prices and hours worked have both fallen over the last century. We construct a macroeconomic model with general preferences that allows for trending recreation prices, wages, and work hours along a balanced-growth path. Estimating the model using aggregate data from OECD countries, we
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美国国家经济研究局创建时间：
2020-08-01
