Home production with endogenous growth

Journal of Monetary Economics

Volumn 39, Issue 3, 1997, Pages 551-569

  Einarsson, Tor ^a   Marquis, Milton H ^b  

^a UNIVERSITY OF ICELAND   (Iceland)

^b FLORIDA STATE UNIVERSITY   (United States)

Author keywords

Business cycles; Endogenous growth; Home production

Indexed keywords

EID: 0031206112     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(97)00026-3     Document Type: Article

References (20)

1. Becker, G.D., 1965. A theory of the allocation of time. Economic Journal 75, 463-517.
2. Behabib, J., Rogerson, R., Wright, R., 1991. Homework in macroeconomics: household production and aggregate fluctuations. Journal of Political Economy 99, 1166-1187.
3. Christiano, L.J., Eichenbaum, M., 1992. Current real-business-cycle theories and aggregate labor-market fluctuations. American Economic Review 82, 430-450.
4. Christiano, L.J., Fisher, J., 1994. Algorithms or solving dynamic models with occasionally binding constraints. Federal Reserve Bank of Chicago Working Paper Series (Macroeconomic Issues), WP-94-6.
5. Den Haan, W.J., Marcet, A., 1990. Solving the stochastic growth model by parameterizing expectations. Journal of Business & Economic Statistics 8, 31-34.
6. Einarsson, T., Marquis, M.H., 1994. An RBC model with growth: the role of human capital. Finance and Economics Discussion Series 94-33, Board of Governors of the Federal Reserve System.
7. Einarsson, T., Marquis, M.H., 1996a. Note on cyclical employment in the consumption goods sector. Economics Letters 51, 213-218.
8. Einarsson, T., Marquis, M.H., 1996b. Formal training, on-the-job training, and the allocation of time. Working Paper No. 96-06-1, Florida State University.
9. Greenwood, J., Hercowitz, Z., 1991. The allocation of capital and time over the business cycle. Journal of Political Economy 99, 1188-1214.
10. Greenwood, J., Rogerson, R., Wright, R., 1993. Putting home economics into macroeconomics. Federal Reserve Bank of Minneapolis Quarterly Review.
11. Hansen, G.D., 1985. Indivisible labor and the business cycle. Journal of Monetary Economics 16, 309-327.
12. Kim, I.M., Loungani, P., 1992. The role of energy in real business cycle models. Journal of Monetary Economics 29, 173-190.
13. Lucas, R.E., Jr., 1988. On the mechanics of economic development. Journal of Monetary Economics 22, 3-42.
14. Marcet, A., 1988. Solving non-linear models by parameterizing expectations. Manuscript, Carnegie-Mellon University, Graduate School of Industrial Administration.
15. Marcet, A., Marshall, D., 1992. Convergence of approximate model solutions to rational expectations equilibria using the method of parameterized expectations. Working Paper No. 73, Carnegie-Mellon University, Graduate School of Industrial Administration.
16. Marshall, D., 1992. Inflation and asset returns in a monetary economy. Journal of Finance 47, 1315-1342.
17. Mincer, J., Ofek, H., 1982. Interrupted work careers: depreciation and restoration of human capital. Journal of Human Resources XVII, 13-24.
18. Rios-Rull, J.V., Working in the market, home production, and the acquisition of skills. American Economic Review (forthcoming).
19. Rogerson, R., 1988. Indivisible labor, lotteries, and equilibrium. Journal of Monetary Economics 21, 3-16.
20. Uzawa, H., 1965. Optimal technical change in an aggregative model of economic growth. International Economic Review 6, 18-31.