ABSTRACT. When decisions taken in the context of monetary price and monetary income are investigated, economists have naturally tended to focus their attention on the market activities of households. Consequently, a significant portion of the economic decisions that are taken in the non-market sphere have remained overlooked. Thus it has been recognised that it is necessary to take into account the production generated by households in the measurement of economic wealth. The aim of this paper is to analyse differences in the economic activity of selected Central and Eastern Europe societies. The use of traditional statistics and time-use data for this purpose made it possible to compare the conclusions that can be drawn using different sources of information. As the statistical material has been supplemented with time-use data, prior conclusions about creating the economic welfare of these societies needed to be modified. The different allocations of time in the individual societies and the different extents to which household production is substituted by market goods and services have an impact on the level of prosperity of households. The significant differences in terms of compensating for market work with household production which were observed when comparing the daily activity of unemployed men and women, turned out to be a common feature of the analysed populations.
ABSTRACT. It is assumed in this article that the prognostic value of qualitative indicators of consumer sentiment depends, to a large extent, on changes to consumers' wealth, which is connected with the situation in the labour market. Therefore, the main aim of the analysis is to verify the relationship of consumer survey results with the level of wealth and the financial condition of households. It is assumed that the predictive power of individual indicators of consumer opinions regarding the development of consumption is indirect, describing, among other things, the earning activities of the respondents. The calculations, which took into account time lags, econometric causality, and the construction of models of stepwise regression, indicate that Polish respondents evaluate their wealth and the economic condition of the country from the perspective of the situation in the labour market.JEL Classification: D10, D12, E27
The aim of this paper is to estimate the parameters of the household production function as well as assessing the monetary value of the goods and services produced. The existence of jointness seems to be supported not only by sheer intuition, but also by the results of the calculations presented in this study. In order to supplement the statistical material included in the timeuse database, data from the surveys on household budgets as well as remuneration structure by occupation were used. The results of the present study are similar to the findings published in other articles in the respect that market goods as inputs in the production process have been found to play a greater role in determining its value than the time spent by spouses. Thus, in the vast majority of cases, the elasticity of production relative to market goods is clearly greater than its elasticity in terms of time expenditure. So, if material inputs in household production are the function of their earnings, the latter will be one of the most important factors differentiating the value of the nonmarket production outputs of individuals.
Książka prezentuje nową ekonomię gospodarstwa domowego przez analizę alokacji czasu z użyciem narządzi statystycznych. Autor przeprowadził badania, których głównym celem było wyjaśnienie sposobów alokacji łącznego zasobu czasu w polskich gospodarstwach domowych w procesie maksymalizowania użyteczności z konsumpcji. Chcąc zidentyfikować czynniki, które determinują alokację czasu, odwołano się do cech społeczno-demograficznych i ekonomicznych osób i gospodarstw domowych, szczególnie zwrócono uwagę na sposoby gospodarowania czasem w zależności od płci.
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