Improving the Measurement of Consumer Expenditures

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Publisher : University of Chicago Press
ISBN 13 : 022612665X
Total Pages : 517 pages
Book Rating : 4.54/5 ( download)

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Book Synopsis Improving the Measurement of Consumer Expenditures by : Christopher D. Carroll

Download or read book Improving the Measurement of Consumer Expenditures written by Christopher D. Carroll and published by University of Chicago Press. This book was released on 2015-06-16 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robust and reliable measures of consumer expenditures are essential for analyzing aggregate economic activity and for measuring differences in household circumstances. Many countries, including the United States, are embarking on ambitious projects to redesign surveys of consumer expenditures, with the goal of better capturing economic heterogeneity. This is an appropriate time to examine the way consumer expenditures are currently measured, and the challenges and opportunities that alternative approaches might present. Improving the Measurement of Consumer Expenditures begins with a comprehensive review of current methodologies for collecting consumer expenditure data. Subsequent chapters highlight the range of different objectives that expenditure surveys may satisfy, compare the data available from consumer expenditure surveys with that available from other sources, and describe how the United States’s current survey practices compare with those in other nations.

Measuring What We Spend

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Publisher : National Academies Press
ISBN 13 : 0309265789
Total Pages : 217 pages
Book Rating : 4.82/5 ( download)

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Book Synopsis Measuring What We Spend by : National Research Council

Download or read book Measuring What We Spend written by National Research Council and published by National Academies Press. This book was released on 2013-02-15 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Consumer Expenditure (CE) surveys are the only source of information on the complete range of consumers' expenditures and incomes in the United States, as well as the characteristics of those consumers. The CE consists of two separate surveys: (1) a national sample of households interviewed five times at three-month intervals; and (2) a separate national sample of households that complete two consecutive one-week expenditure diaries. For more than 40 years, these surveys, the responsibility of the Bureau of Labor Statistics (BLS), have been the principal source of knowledge about changing patterns of consumer spending in the U.S. population. In February 2009, BLS initiated the Gemini Project, the aim of which is to redesign the CE surveys to improve data quality through a verifiable reduction in measurement error with a particular focus on underreporting. The Gemini Project initiated a series of information-gathering meetings, conference sessions, forums, and workshops to identify appropriate strategies for improving CE data quality. As part of this effort, BLS requested the National Research Council's Committee on National Statistics (CNSTAT) to convene an expert panel to build on the Gemini Project by conducting further investigations and proposing redesign options for the CE surveys. The charge to the Panel on Redesigning the BLS Consumer Expenditure Surveys includes reviewing the output of a Gemini-convened data user needs forum and methods workshop and convening its own household survey producers workshop to obtain further input. In addition, the panel was tasked to commission options from contractors for consideration in recommending possible redesigns. The panel was further asked by BLS to create potential redesigns that would put a greater emphasis on proactive data collection to improve the measurement of consumer expenditures. Measuring What We Spend summarizes the deliberations and activities of the panel, discusses the conclusions about the uses of the CE surveys and why a redesign is needed, as well as recommendations for the future.

Consumer Expenditures in ...

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.11/5 ( download)

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Book Synopsis Consumer Expenditures in ... by :

Download or read book Consumer Expenditures in ... written by and published by . This book was released on 1992 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

News

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.82/5 ( download)

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Book Synopsis News by :

Download or read book News written by and published by . This book was released on 1989 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Survey of Consumer Expenditures, 1960-61

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Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.81/5 ( download)

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Book Synopsis Survey of Consumer Expenditures, 1960-61 by :

Download or read book Survey of Consumer Expenditures, 1960-61 written by and published by . This book was released on 1962 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:

100 Years of U.S. Consumer Spending

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Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.57/5 ( download)

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Book Synopsis 100 Years of U.S. Consumer Spending by :

Download or read book 100 Years of U.S. Consumer Spending written by and published by . This book was released on 2006 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Improving the Measurement of Consumer Expenditures

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Author :
Publisher : University of Chicago Press
ISBN 13 : 022619471X
Total Pages : 517 pages
Book Rating : 4.14/5 ( download)

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Book Synopsis Improving the Measurement of Consumer Expenditures by : Christopher D. Carroll

Download or read book Improving the Measurement of Consumer Expenditures written by Christopher D. Carroll and published by University of Chicago Press. This book was released on 2015-06-16 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robust and reliable measures of consumer expenditures are essential for analyzing aggregate economic activity and for measuring differences in household circumstances. Many countries, including the United States, are embarking on ambitious projects to redesign surveys of consumer expenditures, with the goal of better capturing economic heterogeneity. This is an appropriate time to examine the way consumer expenditures are currently measured, and the challenges and opportunities that alternative approaches might present. Improving the Measurement of Consumer Expenditures begins with a comprehensive review of current methodologies for collecting consumer expenditure data. Subsequent chapters highlight the range of different objectives that expenditure surveys may satisfy, compare the data available from consumer expenditure surveys with that available from other sources, and describe how the United States’s current survey practices compare with those in other nations.

100 Years of U.S. Consumer Spending: Data for the Nation, New York City, and Boston

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Publisher : DIANE Publishing
ISBN 13 : 1437982026
Total Pages : 69 pages
Book Rating : 4.22/5 ( download)

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Book Synopsis 100 Years of U.S. Consumer Spending: Data for the Nation, New York City, and Boston by :

Download or read book 100 Years of U.S. Consumer Spending: Data for the Nation, New York City, and Boston written by and published by DIANE Publishing. This book was released on with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Consumer Expenditures

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Author :
Publisher : Princeton University Press
ISBN 13 : 140086416X
Total Pages : 299 pages
Book Rating : 4.64/5 ( download)

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Book Synopsis Consumer Expenditures by : Stanley Lebergott

Download or read book Consumer Expenditures written by Stanley Lebergott and published by Princeton University Press. This book was released on 2014-07-14 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing consumer choices have built microchip factories where cotton fields used to be and have doomed cities from New Bedford to Detroit, while the impact of these choices on jobs and tax revenues has stimulated the creation of models of consumer behavior. Even finely tuned econometric models, however, have not served well as guides for policy choices, for they have relied chiefly on data for the Great Depression and the Cold War era or on biased budget surveys. Stanley Lebergott here provides the way to greater realism with new data for the entire twentieth century, including the decades of peacetime prosperity. The new measures also permit moving from the level of the nation to the state. Analyzing our interest in individual economic well-being, Lebergott argues that consumer expenditure provides a better guide than the usual data on money income before tax. He also challenges continued reliance on a single consumption function in macro models. In other essays he uses the new data to demonstrate that the supposed "flawed prosperity" of the 1920s was not responsible for the Great Depression; points out the limitations of the usual consumer budget surveys; and contrasts the role of age, nativity, and other factors in creating interstate differences. The new data, which link to the official BEA estimates, will provide raw material to test and extend theories of how the consumer and the economy function. Originally published in 1995. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Consumer Expenditures in the United States

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Publisher :
ISBN 13 :
Total Pages : 214 pages
Book Rating : 4.93/5 ( download)

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Book Synopsis Consumer Expenditures in the United States by : United States. National Resources Committee. Industrial Committee

Download or read book Consumer Expenditures in the United States written by United States. National Resources Committee. Industrial Committee and published by . This book was released on 1939 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: