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How different is the cyclical behavior of home production across countries? /
This paper studies stylized business cycle properties of household production in four industrialized countries (Canada, the United States, Germany, and Japan). We employ a dynamic small open economy business cycle model that incorporates a household production sector. We use the model to generate da...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2006
|
| Colección: | IMF working paper ;
WP/06/46. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 082 | 0 | 4 | |a 306.850973 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Blankenau, William, |e author. | |
| 245 | 1 | 0 | |a How different is the cyclical behavior of home production across countries? / |c William Blankenau and M. Ayhan Kose. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, |c 2006 |e (Saint-Lazare, Quebec : |f Gibson Library Connections, |g 2008) | ||
| 300 | |a 1 online resource (30 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 347 | |a data file |2 rda | ||
| 490 | 1 | |a IMF working paper ; |v no. 06/46 | |
| 500 | |a Cover title. | ||
| 500 | |a "February 2006." | ||
| 504 | |a Includes bibliographical references (pages 28-30). | ||
| 520 | |a This paper studies stylized business cycle properties of household production in four industrialized countries (Canada, the United States, Germany, and Japan). We employ a dynamic small open economy business cycle model that incorporates a household production sector. We use the model to generate data on home output, hours worked in the home sector, and hours spent on leisure. We find that in each country, home output is more volatile than market output while home sector hours are about as volatile as those in the market sector. In each country, leisure is the least volatile series. Leisure hours and home hours are countercyclical in all countries, and home output is not highly correlated with market output. Home sector variables are generally less persistent than market variables, and cross-country correlations related to home production tend to be lower than those related to market production. These findings demonstrate that despite some well-known structural differences in labor markets, the cyclical features of home sector variables are similar across the countries we consider. | ||
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. THE MODEL -- III. DATA -- IV. PARAMETER CALIBRATION -- V. RESULTS -- VI. CONCLUSION -- References | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Households |x Economic aspects |z Canada. | |
| 650 | 0 | |a Households |x Economic aspects |z United States. | |
| 650 | 0 | |a Households |x Economic aspects |z Germany. | |
| 650 | 0 | |a Households |x Economic aspects |z Japan. | |
| 650 | 6 | |a Ménages (Statistique) |x Aspect économique |z Canada. | |
| 650 | 6 | |a Ménages (Statistique) |x Aspect économique |z États-Unis. | |
| 650 | 6 | |a Ménages (Statistique) |x Aspect économique |z Allemagne. | |
| 650 | 6 | |a Ménages (Statistique) |x Aspect économique |z Japon. | |
| 650 | 7 | |a Households |x Economic aspects |2 fast | |
| 651 | 7 | |a Canada |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJkMHVW4rfVXPrhVP4VwG3 | |
| 651 | 7 | |a Germany |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJtCD3rcKcPDx6FHmjvrbd | |
| 651 | 7 | |a Japan |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJkT7GyCmyjxytDfqk6Yfq | |
| 651 | 7 | |a United States |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq | |
| 650 | 7 | |a Autocorrelation. |2 iptcnc | |
| 650 | 7 | |a Business cycle. |2 iptcnc | |
| 650 | 7 | |a Cobb-douglas production function. |2 iptcnc | |
| 650 | 7 | |a Correlation and dependence. |2 iptcnc | |
| 650 | 7 | |a Economics. |2 iptcnc | |
| 650 | 7 | |a Economy. |2 iptcnc | |
| 650 | 7 | |a Endogeneity (econometrics) |2 iptcnc | |
| 650 | 7 | |a Financial market. |2 iptcnc | |
| 650 | 7 | |a Labour economics. |2 iptcnc | |
| 650 | 7 | |a Logarithm. |2 iptcnc | |
| 655 | 0 | |a Electronic books. | |
| 700 | 1 | |a Kose, M. Ayhan, |e author. | |
| 710 | 2 | |a International Monetary Fund. | |
| 758 | |i has work: |a How different is the cyclical behavior of home production across countries? (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFPdx8T4dJTtpWRGwtRbBd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 830 | 0 | |a IMF working paper ; |v WP/06/46. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014565 |z Texto completo |
| 938 | |a Canadian Electronic Library |b CELB |n 10213225 | ||
| 938 | |a EBL - Ebook Library |b EBLB |n EBL3014565 | ||
| 938 | |a ebrary |b EBRY |n ebr10380949 | ||
| 938 | |a ProQuest MyiLibrary Digital eBook Collection |b IDEB |n 382047 | ||
| 994 | |a 92 |b IZTAP | ||