Home Production Meets Time to Build
在家庭生产模型中引入市场资本的建设周期技术，发现这解决了家庭投资与商业投资正相关且家庭投资领先商业投资这两个反常现象。
An innovation in this paper is to introduce a time-to-build technology for the production of market capital into a model with home production. Our main finding is that the two anomalies that have plagued all household production modelsthe positive correlation between business and household investment, and household investment's leading business investment over the business cycleare resolved when time to build is added.