skip to content
Home production and the macro economy : some lessons from Pollak and Wachter and from transition Russia Preview this item
ClosePreview this item
Checking...

Home production and the macro economy : some lessons from Pollak and Wachter and from transition Russia

Author: Reuben Gronau; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2006.
Series: Working paper series (National Bureau of Economic Research), no. 12287.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"Recent years witnessed a flourishing of literature on the implication of shifts from home- production to market production on the macro economy, and in particular, the real business cycle. This literature employs calibration techniques to emulate the fluctuations in market output, labor and capital inputs and productivity over the business cycle, assuming a representative consumer and using stylized parameters of  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Reuben Gronau; National Bureau of Economic Research.
OCLC Number: 70078180
Description: 1 online resource (1 volume).
Series Title: Working paper series (National Bureau of Economic Research), no. 12287.
Responsibility: Reuben Gronau.

Abstract:

"Recent years witnessed a flourishing of literature on the implication of shifts from home- production to market production on the macro economy, and in particular, the real business cycle. This literature employs calibration techniques to emulate the fluctuations in market output, labor and capital inputs and productivity over the business cycle, assuming a representative consumer and using stylized parameters of the substitution elasticity between home and market goods, and of the home production function. This paper argues that the parameters used in this literature cannot be verified empirically because of econometric identification problems. Furthermore, using data from the late 90s from transition Russia, it is argued that one cannot capture the fluctuation between the home and the market by using a representative consumer, since there is a distinct difference between males and females in their reaction to loss of employment: men shift most of the time released from market work to leisure while women divide it almost equally between work at home and leisure. Finally it is shown that the switch from a controlled economy to a market economy resulted in significant increase in home productivity and an increase in the free time enjoyed by both Russian men and women"--National Bureau of Economic Research web site.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/70078180> # Home production and the macro economy : some lessons from Pollak and Wachter and from transition Russia
    a schema:CreativeWork, schema:Book, schema:MediaObject ;
   library:oclcnum "70078180" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/197635905#Place/cambridge_mass> ; # Cambridge, Mass.
   schema:about <http://experiment.worldcat.org/entity/work/data/197635905#Topic/leisure_economic_aspects_russia> ; # Leisure--Economic aspects--Russia
   schema:about <http://id.worldcat.org/fast/1207312> ; # Russia.
   schema:about <http://experiment.worldcat.org/entity/work/data/197635905#Topic/work_and_family_russia> ; # Work and family--Russia
   schema:about <http://id.worldcat.org/fast/996020> ; # Leisure--Economic aspects
   schema:about <http://id.worldcat.org/fast/1180235> ; # Work and family
   schema:bookFormat schema:EBook ;
   schema:contributor <http://viaf.org/viaf/135446122> ; # National Bureau of Economic Research.
   schema:creator <http://viaf.org/viaf/110632184> ; # Reuben Gronau
   schema:datePublished "2006" ;
   schema:description ""Recent years witnessed a flourishing of literature on the implication of shifts from home- production to market production on the macro economy, and in particular, the real business cycle. This literature employs calibration techniques to emulate the fluctuations in market output, labor and capital inputs and productivity over the business cycle, assuming a representative consumer and using stylized parameters of the substitution elasticity between home and market goods, and of the home production function. This paper argues that the parameters used in this literature cannot be verified empirically because of econometric identification problems. Furthermore, using data from the late 90s from transition Russia, it is argued that one cannot capture the fluctuation between the home and the market by using a representative consumer, since there is a distinct difference between males and females in their reaction to loss of employment: men shift most of the time released from market work to leisure while women divide it almost equally between work at home and leisure. Finally it is shown that the switch from a controlled economy to a market economy resulted in significant increase in home productivity and an increase in the free time enjoyed by both Russian men and women"--National Bureau of Economic Research web site."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/197635905> ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/197635905#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/197635905#Series/nber_working_paper_series> ; # NBER working paper series ;
   schema:name "Home production and the macro economy : some lessons from Pollak and Wachter and from transition Russia"@en ;
   schema:productID "70078180" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/70078180#PublicationEvent/cambridge_mass_national_bureau_of_economic_research_2006> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/197635905#Agent/national_bureau_of_economic_research> ; # National Bureau of Economic Research
   schema:url <http://papers.nber.org/papers/w12287> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/70078180> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/197635905#Agent/national_bureau_of_economic_research> # National Bureau of Economic Research
    a bgn:Agent ;
   schema:name "National Bureau of Economic Research" ;
    .

<http://experiment.worldcat.org/entity/work/data/197635905#Place/cambridge_mass> # Cambridge, Mass.
    a schema:Place ;
   schema:name "Cambridge, Mass." ;
    .

<http://experiment.worldcat.org/entity/work/data/197635905#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/70078180> ; # Home production and the macro economy : some lessons from Pollak and Wachter and from transition Russia
   schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/197635905#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/70078180> ; # Home production and the macro economy : some lessons from Pollak and Wachter and from transition Russia
   schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://id.worldcat.org/fast/1180235> # Work and family
    a schema:Intangible ;
   schema:name "Work and family"@en ;
    .

<http://id.worldcat.org/fast/1207312> # Russia.
    a schema:Place ;
   schema:name "Russia." ;
    .

<http://id.worldcat.org/fast/996020> # Leisure--Economic aspects
    a schema:Intangible ;
   schema:name "Leisure--Economic aspects"@en ;
    .

<http://viaf.org/viaf/110632184> # Reuben Gronau
    a schema:Person ;
   schema:birthDate "1937" ;
   schema:familyName "Gronau" ;
   schema:givenName "Reuben" ;
   schema:name "Reuben Gronau" ;
    .

<http://viaf.org/viaf/135446122> # National Bureau of Economic Research.
    a schema:Organization ;
   schema:name "National Bureau of Economic Research." ;
    .

<http://www.worldcat.org/title/-/oclc/70078180>
    a genont:InformationResource, genont:ContentTypeGenericResource ;
   schema:about <http://www.worldcat.org/oclc/70078180> ; # Home production and the macro economy : some lessons from Pollak and Wachter and from transition Russia
   schema:dateModified "2017-12-23" ;
   void:inDataset <http://purl.oclc.org/dataset/WorldCat> ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.