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Sports and (real) business cycles

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  • M. Alper Ҫenesiz
  • Christian Pierdzioch

Abstract

We extend a basic real business cycle model to incorporate households doing sports. Households decide on spending time at the workplace and spending time on doing sports. Sports acts as an investment in health and, thereby, affects total factor productivity. We study the implications of sports for the propagation of technology shocks and for the volatility and persistence of output at business cycle frequencies.

Suggested Citation

  • M. Alper Ҫenesiz & Christian Pierdzioch, 2015. "Sports and (real) business cycles," Applied Economics Letters, Taylor & Francis Journals, vol. 22(3), pages 233-238, February.
    • Handle: RePEc:taf:apeclt:v:22:y:2015:i:3:p:233-238
    DOI: 10.1080/13504851.2014.934428
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    References listed on IDEAS

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