| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1146 |
| DP1146 A Labour-Income-Based Measure of the Value of Human Capital: An Application to the States of the United States | |
| Xavier Sala-i-Martin; Casey Mulligan | |
| 发表日期 | 1995-03-31 |
| 出版年 | 1995 |
| 语种 | 英语 |
| 摘要 | This paper investigates the effects of introducing household production in an international real business cycle model. We show how a model driven by disturbances to the household production can account for some features of international cycles. A version of the model which considers shocks to both market and household technologies seems able to reproduce the main regularities of the data. Sensitivity analysis shows that the implications of the model are robust to alternative specifications of the stochastic processes for the disturbances and to variations of the parameters within a reasonable range. |
| 主题 | International Macroeconomics |
| 关键词 | Consumption correlations Household production International business Taste shocks |
| URL | https://cepr.org/publications/dp1146 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530288 |
| 推荐引用方式 GB/T 7714 | Xavier Sala-i-Martin,Casey Mulligan. DP1146 A Labour-Income-Based Measure of the Value of Human Capital: An Application to the States of the United States. 1995. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
