Improving the Measurement of Consumer Expenditures
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aging
balance edit approach
budget
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consumer price index
consumerism
consumption
cost
denmark
economic activity
economics
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expenditure survey
expenditures
habits
household demand
income inequality
inflation
international
labor
leisure
methodology
nonfiction
panel data
payment
politics
poverty
public policy
quantifiable
reliability
research
resources
saving
sociology
standard of living
sweden
technology
wealth
welfare
Product details
- ISBN 9780226126654
- Weight: 765g
- Dimensions: 15 x 23mm
- Publication Date: 16 Jun 2015
- Publisher: The University of Chicago Press
- Publication City/Country: US
- Product Form: Hardback
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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.
Christopher D. Carroll is professor of economics at Johns Hopkins University and the chief economist of the Consumer Financial Protection Bureau. He is a former research associate of the NBER. Thomas F. Crossley is professor in the Department of Economics at the University of Essex. John Sabelhaus is an economist and chief of the Microeconomic Surveys Section at the Federal Reserve Board in Washington, DC.
