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The interplay between home production and business activity

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Author Info

  • Jeffrey M. Wrase

Abstract

Jeff Wrase explores this influence and discusses the potential gains from incorporating household decisions about allocating resources between the home and the marketplace into models used to forecast and account for changes in economic conditions.

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File URL: http://www.phil.frb.org/files/br/brq201jw.pdf
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Bibliographic Info

Article provided by Federal Reserve Bank of Philadelphia in its journal Business Review.

Volume (Year): (2001)
Issue (Month): Q2 ()
Pages: 23-29

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Handle: RePEc:fip:fedpbr:y:2001:i:q2:p:23-29

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Related research

Keywords: Production (Economic theory);

References

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  1. Benhabib, Jess & Rogerson, Richard & Wright, Randall, 1991. "Homework in Macroeconomics: Household Production and Aggregate Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1166-87, December.
  2. Satyajit Chatterjee, 1995. "Productivity growth and the American business cycle," Business Review, Federal Reserve Bank of Philadelphia, issue Sep, pages 13-22.
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Cited by:
  1. M. Ayhan Kose & William Blankenau, 2006. "How Different is the Cyclical Behavior of Home Production Across Countries?," IMF Working Papers 06/46, International Monetary Fund.
  2. Yunfang Hu & Kazuo Mino, 2010. "Analysis of Fiscal Shocks in a Small Open Economy with Home Production," DEGIT Conference Papers c015_009, DEGIT, Dynamics, Economic Growth, and International Trade.

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