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Improving the Measurement of Consumer Expenditures
  • Language: en
  • Pages: 517

Improving the Measurement of Consumer Expenditures

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.

Dissecting Saving Dynamics
  • Language: en
  • Pages: 47

Dissecting Saving Dynamics

We argue that the U.S. personal saving rate’s long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious ‘buffer stock’ model of optimal consumption in the presence of labor income uncertainty and credit constraints. Saving in the model is affected by the gap between ‘target’ and actual wealth, with the target wealth determined by credit conditions and uncertainty. An estimated structural version of the model suggests that increased credit availability accounts for most of the saving rate’s long-term decline, while fluctuations in net wealth and uncertainty capture the bulk of the business-cycle variation.

Papa's Backpack
  • Language: en
  • Pages: 36

Papa's Backpack

When a soldier has to leave his or her family for extended service, it's an emotional time for all involved. It can be especially confusing and upsetting for children, who long for the comfort and security of a parent's presence. Papa's Backpack honors the bond between a parent/soldier and a child, and acknowledges the difficult and emotional process of separation during deployment. A young bear cub dreams of accompanying Papa when he leaves on a mission, wanting to stay close to provide comfort and moral support, ultimately overcoming adversity together.

A Practical Guide to Macroeconomics
  • Language: en
  • Pages: 323

A Practical Guide to Macroeconomics

The gulf between macroeconomic theory and macroeconomic practice has never been greater. This book bridges that gap.

Statement of Disbursements of the House as Compiled by the Chief Administrative Officer from ...
  • Language: en
  • Pages: 868

Statement of Disbursements of the House as Compiled by the Chief Administrative Officer from ...

  • Type: Book
  • -
  • Published: 2014-04
  • -
  • Publisher: Unknown

Covers receipts and expenditures of appropriations and other funds.

The Economics of Consumption
  • Language: en
  • Pages: 313

The Economics of Consumption

In The Economics of Consumption, Tullio Jappelli and Luigi Pistaferri provide a comprehensive examination of the most important developments in the field of consumption decisions and evaluate economic models against empirical evidence.

Journal of the Executive Proceedings of the Senate of the United States
  • Language: en
  • Pages: 868

Journal of the Executive Proceedings of the Senate of the United States

  • Type: Book
  • -
  • Published: 2009
  • -
  • Publisher: Unknown

None

Forum for Applied Research and Public Policy
  • Language: en
  • Pages: 448

Forum for Applied Research and Public Policy

  • Type: Book
  • -
  • Published: 1993
  • -
  • Publisher: Unknown

None

Journal of the Executive Proceedings of the Senate of the United States of America
  • Language: en
  • Pages: 868
The Decline in Saving
  • Language: en
  • Pages: 146

The Decline in Saving

"Examines the decline in saving in the United States over the past quarter-century. Is it a statistical artifact of the official measure of saving? Why don't Americans save? What are the consequences for economic growth, the performance of the aggregate economy, and policy goals?"--Provided by publisher.