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The interplay between home production and business activity

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  • Jeffrey M. Wrase

Abstract

Jeff Wrase explores this influence and discusses the potential gains from incorporating household decisions about allocating resources between the home and the marketplace into models used to forecast and account for changes in economic conditions.

Suggested Citation

  • Jeffrey M. Wrase, 2001. "The interplay between home production and business activity," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 23-29.
    • Handle: RePEc:fip:fedpbr:y:2001:i:q2:p:23-29
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2001/q2/brq201jw.pdf
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    References listed on IDEAS

    as
    1. Benhabib, Jess & Rogerson, Richard & Wright, Randall, 1991. "Homework in Macroeconomics: Household Production and Aggregate Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1166-1187, December.
    2. Satyajit Chatterjee, 1995. "Productivity growth and the American business cycle," Business Review, Federal Reserve Bank of Philadelphia, issue Sep, pages 13-22.
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    Cited by:

    1. Blankenau, William & Kose, M. Ayhan, 2007. "How Different Is The Cyclical Behavior Of Home Production Across Countries?," Macroeconomic Dynamics, Cambridge University Press, vol. 11(1), pages 56-78, February.
    2. Yunfang Hu & Kazuo Mino, 2010. "Analysis of Fiscal Shocks in a Small Open Economy with Home Production," DEGIT Conference Papers c015_009, DEGIT, Dynamics, Economic Growth, and International Trade.

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    Production (Economic theory);

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