Home Production, Labor Wedges, and International Real Business Cycles
收藏NBER2012-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18366
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资源简介：
This paper explores implications of non-separable preferences with home production for international business cycles. Home production induces substitution effects that break the link between market consumption and its marginal utility and help explain several stylized facts of the open economy. In
提供机构：
美国国家经济研究局
创建时间：
2012-09-01
