infonet-economy

In this paper, data from the 1997 Swiss Labour Force Survey are used to analyse the allocation and value of time assigned to housework and child-care. It is shown that men’s allocation of time to housework and childcare is largely invariant to changes in socio-economic factors. Women’s allocation of time to housework and child-care, on the other hand, is shown to depend on several social, economic, and demographic factors. The value of time assigned to housework and child-care is calculated with two market replacement cost methods and three opportunity cost methods. The results show that the value of time assigned to housework and child-care ranges from 27% to 39% and from 5% to 8% ofGDP(in 1997), respectively. The value of time assigned to housework and child-care is also calculated for different household structures.