# name
Leisure Time and the Sectoral Composition of Employment [WP]

# metadata.dc.description.abstract[].value
We observe the following patterns in the US economy during the period 1965-2015: (i) the rise of the service sector, (ii) the increase in leisure time, and (iii) the increase in recreational services.   To display the last pattern, we measure the fraction of  the value added of the service sector explained by the consumption of recreational  services, and we show that it increases during this period. We explain these three  patterns of structural change in a multisector growth model, where leisure time and the  consumption of recreational services are complements. We show that this  complementarity introduces a mechanism of structural change that contributes to  explain the rise of the service sector and that al so affects the labor supply. We measure the reduction in employment due to a tax increase to illustrate the effect on the labor supply of this mechanism

# metadata.dc.publisher[].value
Universitat de Barcelona. Facultat d'Economia i Empresa

# metadata.dc.relation.ispartof[].value
UB Economics – Working Papers, 2018, E18/373

# metadata.dc.title[].value
Leisure Time and the Sectoral Composition of Employment [WP]