70 research outputs found

    The Multitasking of Household Production

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    The standard household production model does not incorporate multitasking, although time-diary data reveal that individuals regularly multitask. We formulate a model where time spent in child care can be sole-tasked or multitasked with other household production activities. This model implies associations between household productivity factors and both child outcomes and parental time use. We then use data from the Longitudinal Study of Australian Children and the Australian Time Use Surveys to examine the empirical validity of these implications. Consistent with our model’s predictions, household productivity factors are associated both with child outcomes and parental time use.multitasking, child care, household production

    Measuring the relative productivity of multitasking to sole-tasking in household production: New experimental evidence

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    We present a household production model that incorporates multitasking and results from a customized experiment designed to measure the individual-specific productivity parameters from this model. We observe these productivity parameters under alternative incentive scenarios, designed to mimic changes in the relative utility payoffs to the two tasks. Using information on demographic and other characteristics collected through an on-screen survey taken by our experimental participants, we examine the correlates of individuals' sole-tasking and multitasking performance. Finally, we provide the literature's first measures of the own- and cross-price elasticities of household task supply in a multitasking context

    Hiding the elephant: the tragedy of COVID policy and its economist apologists

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    In 2020 and 2021, the world witnessed policies that caused enormous net damage to most countries. We demonstrate the usefulness of the new WELLBY currency in gauging the costs and benefits of COVID policies and review the contributions of Australian economists to the scholarly and public debates about these policies. Our analysis documents the value of what was destroyed, the weak resistance mounted by the Australian economics profession during this period, and the role played by many Australian economists as apologists for what we view as Australia's most catastrophic peacetime economic policy failure. We close with ideas for working towards a better future

    Operationalising a Threshold Concept in Economics: A Pilot Study Using Multiple Choice Questions on Opportunity Cost

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    This paper addresses the emerging educational framework that envisions threshold concepts as mediators of learning outcomes. While the threshold concepts framework is highly appealing on a theoretical level, few researchers have attempted to measure threshold concept acquisition empirically. Achieving this would open a new arena for exploration and debate in the threshold concepts field, and provide potential results to inform teaching practice. We begin the process of operationalising threshold concepts in economics by attempting to measure students' grasp of the threshold concept of opportunity cost in an introductory economics class. We suggest two potential measures and correlate them with an array of ex ante and ex post variables, including students' expectations of success, prior misconceptions about economics and the work of economists, and actual success in the course. Results cast new light onto the factors that influence the acquisition of threshold concepts, the relationship between threshold concept acquisition and final learning outcomes, and the empirical viability of threshold concepts generally.

    Expectation formation in an evolving game of uncertainty: new experimental evidence

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    We examine the nature of stated subjective probabilities in a complex, evolving context in which participants are not told what the actual probability is: we collect information on subjective expectations in a computerized car race game wherein participants must bet on a particular car but cannot influence the odds of winning once the race begins. In our setup, the actual probability of the good outcome (a win) can be determined based on computer simulations from any point in the process. We compare this actual probability to the subjective probability stated by participants at three different points in each of six races. In line with previous research in which participants have direct access to actual probabilities, we find that the inverse S-shaped curve relating subjective to actual probabilities is also evident in our far more complex situation, and that there is only a limited degree of learning through repeated play. We show that the model in the inverse S-shaped function family that provides the best fit to our data is Prelec’s 1998 conditional invariant model. We also find that individuals who report a greater degree of ambiguity are more pessimistic and less responsive to actual changes in real probabilities

    What women want (their men to do): housework and satisfaction in Australian households

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    The time allocated to household chores is substantial, with the burden falling disproportionately upon women. Further, social norms about how much work men and women should contribute in the home are likely to influence couples’ housework allocation decisions and evaluations of their lot. Using Australian data, we employ a two-stage estimation procedure to examine how deviations from housework norms relate to couples’ satisfaction. In stage one, we model housework time to identify predicted (i.e., socially expected) and residual components. In support of this bifurcation, the residual housework time measures are strongly related to each partner’s perceived fairness of the division of household tasks. In stage two, we predict satisfaction based on predicted and residual housework time. We find that women’s satisfaction, but not men’s, is robustly affected by their partners’ residual housework time. When he exceeds housework norms, she is happier with housework allocations, but less happy in broader dimensions

    What Effects Do Macroeconomic Conditions Have on Families’ Time Together?

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    We examine family time together using data from the 2003-2010 American Time Use Survey combined with Bureau of Labor Statistics data on state-level unemployment rates. Couple time together is U-shaped; while fathers spend more time engaging in enriching childcare activities without a spouse present as the unemployment rate rises. Patterns are similar for dual-earner couples, but appear concentrated among demographic groups most affected by recessions. We also find that mothers are less likely to work standard hours and more likely to work on weekends as employment crises deepen, which is consistent with both sets of results for family time together

    Search for supersymmetry with a dominant R-parity violating LQDbar couplings in e+e- collisions at centre-of-mass energies of 130GeV to 172 GeV

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    A search for pair-production of supersymmetric particles under the assumption that R-parity is violated via a dominant LQDbar coupling has been performed using the data collected by ALEPH at centre-of-mass energies of 130-172 GeV. The observed candidate events in the data are in agreement with the Standard Model expectation. This result is translated into lower limits on the masses of charginos, neutralinos, sleptons, sneutrinos and squarks. For instance, for m_0=500 GeV/c^2 and tan(beta)=sqrt(2) charginos with masses smaller than 81 GeV/c^2 and neutralinos with masses smaller than 29 GeV/c^2 are excluded at the 95% confidence level for any generation structure of the LQDbar coupling.Comment: 32 pages, 30 figure

    The Multitasking of Household Production

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    The standard household production model does not incorporate multitasking, although time-diary data reveal that individuals regularly multitask. We formulate a model where time spent in child care can be sole-tasked or multitasked with other household production activities. This model implies associations between household productivity factors and both child outcomes and parental time use. We then use data from the Longitudinal Study of Australian Children and the Australian Time Use Surveys to examine the empirical validity of these implications. Consistent with our model's predictions, household productivity factors are associated both with child outcomes and parental time use

    Search for Bs0B^{0}_{s} oscillations using inclusive lepton events

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    A search for Bs oscillations is performed using a sample of semileptonic b-hadron decays collected by the ALEPH experiment during 1991-1995. Compared to previous inclusive lepton analyses, the prop er time resolution and b-flavour mistag rate are significantly improved. Additional sensitivity to Bs mixing is obtained by identifying subsamples of events having a Bs purity which is higher than the average for the whole data sample. Unbinned maximum likelihood amplitude fits are performed to derive a lower limit of Dms>9.5 ps-1 at 95% CL. Combining with the ALEPH Ds based analyses yields Dms>9.6 ps-1 at 95% CL.A search for B0s oscillations is performed using a sample of semileptonic b-hadron decays collected by the ALEPH experiment during 1991-1995. Compared to previous inclusive lepton analyses, the proper time resolution and b-flavour mistag rate are significantly improved. Additional sensitivity to B0s mixing is obtained by identifying subsamples of events having a B0s purity which is higher than the average for the whole data sample. Unbinned maximum likelihood amplitude fits are performed to derive a lower limit of Deltam_s>9.5ps^-1 at 95% CL. Combining with the ALEPH D-s based analyses yields Deltam_s>9.6ps^-1 at 95% CL
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