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Improving the Measurement of Consumer Expenditures

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Improving the Measurement of Consumer Expenditures Synopsis

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, making this an appropriate time to examine 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 current US survey practices compare with those in other nations.

About This Edition

ISBN: 9780226126654
Publication date: 16th June 2015
Author: Christopher D Carroll
Publisher: University of Chicago Press an imprint of The University of Chicago Press
Format: Hardback
Pagination: 528 pages
Series: NBER - Studies in Income and Wealth
Genres: Macroeconomics