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International business cycles, financial markets and household production

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dc.contributor.author Canova, Fabio
dc.contributor.author Ubide, Ángel J.
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.accessioned 2017-07-26T12:08:00Z
dc.date.available 2017-07-26T12:08:00Z
dc.date.issued 1997-01-01
dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=204
dc.identifier.citation Journal of Economic Dynamics and Control, 22(4), 1998, 545-572
dc.identifier.uri http://hdl.handle.net/10230/1253
dc.description.abstract This paper investigates the properties of an international real business cycle model with household production. We show that a model with disturbances to both market and household technologies reproduces the main regularities of the data and improves existing models in matching international consumption, investment and output correlations without irrealistic assumptions on the structure of international financial markets. Sensitivity analysis shows the robustness of the results to alternative specifications of the stochastic processes for the disturbances and to variations of unmeasured parameters within a reasonable range.
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 204
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.title International business cycles, financial markets and household production
dc.type info:eu-repo/semantics/workingPaper
dc.date.modified 2017-07-23T02:02:55Z
dc.subject.keyword household production
dc.subject.keyword international business cycles
dc.subject.keyword taste shocks
dc.subject.keyword consumption correlations
dc.subject.keyword Macroeconomics and International Economics
dc.rights.accessRights info:eu-repo/semantics/openAccess


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