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Improving the Measurement of Consumer Expenditures

Carroll, CD and Crossley, TF and Sabelhaus, J (2015) Improving the Measurement of Consumer Expenditures. National Bureau of Economic Research Books . University of Chicago Press.

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Abstract

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.

Item Type: Book
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 10 Dec 2014 18:23
Last Modified: 17 Aug 2017 17:42
URI: http://repository.essex.ac.uk/id/eprint/12042

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