NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Home Production, Labor Wedges, and International Real Business Cycles

Loukas Karabarbounis

NBER Working Paper No. 18366
Issued in September 2012

---- Acknowledgements -----

I thank Gianluca Benigno, Ariel Burstein, Emmanuel Farhi, Gita Gopinath, Jonathan Heathcote, Chang-Tai Hsieh, Erik Hurst, Oleg Itskhoki, Ellen McGrattan, Jaromir Nosal, Fabrizio Perri, Andrea Raffo, and seminar participants at Brandeis, Brown, Chicago Booth, Columbia GSB, Federal Reserve Bank of Minneapolis, Federal Reserve Board, Harvard, LSE, Penn State, Stockholm IIES, UCLA Anderson, and University of Iowa for useful conversations and constructive comments. Summer financial support from Chicago Booth is acknowledged. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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