In this study, we analyse the effects of unemployment on consumption and time use. To do so, we employ a micro panel dataset for the Netherlands containing a large set of expenditure and time use categories. Our results show a small negative effect of unemployment on expenditures, and large positive effects on time spent on home production and leisure activities. We do not find evidence for complementarity between leisure and consumption or for substitution between home production and expenditures. We use our results to estimate a ratio of relevant lifecycle parameters, and show that the point estimates and their precision depend strongly on the expenditure and time use categories considered.

中文翻译：

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消费和时间使用对失业的反应：对生命周期模型的影响

在这项研究中，我们分析了失业对消费和时间利用的影响。为此，我们采用了荷兰的微型面板数据集，其中包含大量支出和时间使用类别。我们的结果显示，失业对支出产生较小的负面影响，而对家庭生产和休闲活动所花费的时间产生较大的积极影响。我们没有找到休闲与消费之间互补性或家庭生产与支出之间替代性的证据。我们使用我们的结果来估计相关生命周期参数的比率，并表明点估计及其精度在很大程度上取决于所考虑的支出和时间使用类别。