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Accounting for Total Work
2014
Social Science Research Network
The aim of this paper is to analyse how accounting for household production might affect labour market statistics. This topic has grown in importance since the release of the new System of National Accounts in 2008. We show that the traditional headcount ratios focussing on the number of people carrying out some home and market production may not be very informative about cross-country differences in market and work at home. We then propose a general class of three-parameter indices based on
doi:10.2139/ssrn.2589567
fatcat:vbxczhl47nfgdouokoa77efyva