HOUSEHOLD PRODUCTION WITH INVENTORIES

• Authors: Zeman Juraj
• Languages of publication: EN

Abstracts

EN

An innovation in this paper is the introduction of inventories into the market sector of the Real Business Cycle model with household production. The main finding is that the controversy between procyclicity of hours spent to produce consumption good versus correlation between business and household investment, which has been prevailing in all business cycles models so far, is resolved.

Keywords

EN

BUSINESS CYCLE; HOME PRODUCTION; INVENTORY; INVESTMENT

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2005
• Volume: 53
• Issue: 2
• Pages: 161-170
• Document type: ARTICLE

Contributors

author

Zeman Juraj

• J. Zeman, Ustav slovenskej a svetovej ekonomiky SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republik

Identifiers

CEJSH db identifier

06SKAAAA00741826