Time is NOT money! If anything, it is MORE important than money. The time we have to care for one another, especially for our children and our elderly, is more precious to us than anything else in the world. Yet we have more experience accounting for money than we do for time.

In this volume, leading experts in analysis of time use from across the globe explore the interface between time use and family policy. They show how social institutions limit the choices that individuals can make about how to divide their time between paid and unpaid work. They challenge conventional surveys that offer simplistic measures of time spent in childcare or elder care. They summarize empirical evidence concerning trends in time devoted to the care of family members and debate ways of assigning a monetary value to this time.

This important book is well researched, well thought through and well written. It will be highly regarded amongst those interested in the sociology and economics of the family, as well as those with a general interest in gender studies.