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• W3125506095 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." @default.
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• W3125506095 date "1997-01-01" @default.
• W3125506095 modified "2023-09-25" @default.
• W3125506095 title "International business cycles, financial markets and household production" @default.
• W3125506095 hasPublicationYear "1997" @default.
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