Canova, FabioUbide, Ángel J.Universitat Pompeu Fabra. Departament d'Economia i Empresa2017-07-262017-07-261997-01-01Journal of Economic Dynamics and Control, 22(4), 1998, 545-572http://hdl.handle.net/10230/1253This 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.application/pdfengL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commonsinfo:eu-repo/semantics/workingPaperhousehold productioninternational business cyclestaste shocksconsumption correlationsMacroeconomics and International Economicsinfo:eu-repo/semantics/openAccess