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Household Production, Services and Monetary Policy / / Constant Lonkeng Ngouana
| Household Production, Services and Monetary Policy / / Constant Lonkeng Ngouana |
| Autore | Lonkeng Ngouana Constant |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
| Descrizione fisica | 1 online resource (41 p.) |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Service industries - Management
Monetary policy Macroeconomics Industries: Service Production and Operations Management General Aggregative Models: Keynes Keynesian Post-Keynesian Business Fluctuations Cycles Household Production and Intrahousehold Allocation Industry Studies: Services: General Labor Economics: General Price Level Inflation Deflation Macroeconomics: Production Macroeconomics: Consumption Saving Wealth Labour income economics Services sector Labor Sticky prices Output gap Consumption Economic sectors Prices National accounts Production Service industries Labor economics Economic theory Economics |
| ISBN |
1-4755-4973-3
1-4755-7794-X |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Contents; I. Introduction; A. Related Literature; II. Empirical Evidence; A. Services versus Nondurables: A Sectoral VAR; B. The Importance of Household Production; 1. Home hours worked; Figures; 1. Estimated responses of real sectoral consumption to a monetary policy tightening.; Tables; 1. Time devoted to household production in the U.S. (2003 annual average); 2. Households and the production of services; C. Household and Market Production Over the Business Cycle; 1. Fluctuations of home and market hours worked; 2. Home and market hours worked (HP-de-trended series)
2. Substitutability between home and market services over the business cycle2. Child care expenses by families with employed mothers, as percentage of monthly income, 1991-2005.; III. The Model Economy; A. The Economic Environment; 3. Expenditures on food at home and food away from home (HP-de-trended series); B. The Representative Household; C. Final Goods Producers; D. Intermediate Goods producers; E. Sectoral and Aggregate New Keynesian Phillips Curves; 4. Contribution of the output gap term and the extra term to inflation dynamics; F. Monetary Policy; G. Aggregation IV. Calibration and ResultsA. Parameter Values; B. Simulation Results; 3. Parameter values; V. Conclusion; References; Appendices; A. Proof of Proposition 1; B. Proof of Corollary 1; C. Reduced Set of Equations for the Linearized Model; D. Dynamic Response of Macroeconomic Variables to an Expansionary Monetary Shock; 5. Responses of real sectoral consumption to a 1% interest-rate cut.; 6. Responses of sectoral inflation and real aggregates to a 1% interest-rate cut. |
| Record Nr. | UNINA-9910786474903321 |
Lonkeng Ngouana Constant
|
||
| Washington, D.C. : , : International Monetary Fund, , 2012 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Household Production, Services and Monetary Policy / / Constant Lonkeng Ngouana
| Household Production, Services and Monetary Policy / / Constant Lonkeng Ngouana |
| Autore | Lonkeng Ngouana Constant |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
| Descrizione fisica | 1 online resource (41 p.) |
| Disciplina | 332.1;332.152 |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Service industries - Management
Monetary policy Macroeconomics Industries: Service Production and Operations Management General Aggregative Models: Keynes Keynesian Post-Keynesian Business Fluctuations Cycles Household Production and Intrahousehold Allocation Industry Studies: Services: General Labor Economics: General Price Level Inflation Deflation Macroeconomics: Production Macroeconomics: Consumption Saving Wealth Labour income economics Services sector Labor Sticky prices Output gap Consumption Economic sectors Prices National accounts Production Service industries Labor economics Economic theory Economics |
| ISBN |
1-4755-4973-3
1-4755-7794-X |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Contents; I. Introduction; A. Related Literature; II. Empirical Evidence; A. Services versus Nondurables: A Sectoral VAR; B. The Importance of Household Production; 1. Home hours worked; Figures; 1. Estimated responses of real sectoral consumption to a monetary policy tightening.; Tables; 1. Time devoted to household production in the U.S. (2003 annual average); 2. Households and the production of services; C. Household and Market Production Over the Business Cycle; 1. Fluctuations of home and market hours worked; 2. Home and market hours worked (HP-de-trended series)
2. Substitutability between home and market services over the business cycle2. Child care expenses by families with employed mothers, as percentage of monthly income, 1991-2005.; III. The Model Economy; A. The Economic Environment; 3. Expenditures on food at home and food away from home (HP-de-trended series); B. The Representative Household; C. Final Goods Producers; D. Intermediate Goods producers; E. Sectoral and Aggregate New Keynesian Phillips Curves; 4. Contribution of the output gap term and the extra term to inflation dynamics; F. Monetary Policy; G. Aggregation IV. Calibration and ResultsA. Parameter Values; B. Simulation Results; 3. Parameter values; V. Conclusion; References; Appendices; A. Proof of Proposition 1; B. Proof of Corollary 1; C. Reduced Set of Equations for the Linearized Model; D. Dynamic Response of Macroeconomic Variables to an Expansionary Monetary Shock; 5. Responses of real sectoral consumption to a 1% interest-rate cut.; 6. Responses of sectoral inflation and real aggregates to a 1% interest-rate cut. |
| Record Nr. | UNINA-9910826834003321 |
|
Lonkeng Ngouana Constant
|
||
| Washington, D.C. : , : International Monetary Fund, , 2012 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||