Sports and (real) business cycles

M. Alper Ҫenesiz and Christian Pierdzioch
Authors registered in the RePEc Author Service: Alper Çenesiz ()

Applied Economics Letters, 2015, vol. 22, issue 3, 233-238

Abstract: We extend a basic real business cycle model to incorporate households doing sports. Households decide on spending time at the workplace and spending time on doing sports. Sports acts as an investment in health and, thereby, affects total factor productivity. We study the implications of sports for the propagation of technology shocks and for the volatility and persistence of output at business cycle frequencies.

Date: 2015
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DOI: 10.1080/13504851.2014.934428

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