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Modern Labour Economics Chapter 7 Labour Supply: Household Production, the Family, and the Life Cycle.

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Presentation on theme: "Modern Labour Economics Chapter 7 Labour Supply: Household Production, the Family, and the Life Cycle."— Presentation transcript:

1 Modern Labour Economics Chapter 7 Labour Supply: Household Production, the Family, and the Life Cycle

2 Figure 7.1 – The Production of Childcare

3 Table 7.1 – Average Daily Hours Spent in Work and Leisure by Men and Women, by Age, Canada, 1998

4 Figure 7.2 – Large versus Small Substitution Effects Attendant to a Wage Increase

5 Figure 7.3 – Home versus Market Productivities

6 Figure 7.4 – Household Productivity Can Change over the Life Cycle

7 Figure 7.5 – Life-Cycle Allocation of Time

8 Figure 7.6 – Labour Supply and Fixed Childcare Costs: A Parent Initially Out of the Labour Force

9 Figure 7.7 – Labour Supply and Fixed Childcare Costs: A Parent Initially Working for Pay

10 Figure 7.8 – Budget Constraints Facing a Single Parent Before and After Child Support Assurance Program Adopted

11 Figure 7.9 – A Single Parent Who Joins the Labour Force After Child Support Assurance Program Adopted


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