Improving the Measurement of Consumer Expenditures

Improving the Measurement of Consumer Expenditures PDF Author: Christopher D. Carroll
Publisher: University of Chicago Press
ISBN: 022612665X
Category : Business & Economics
Languages : en
Pages : 517

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Book Description
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.

Improving the Measurement of Consumer Expenditures

Improving the Measurement of Consumer Expenditures PDF Author: Christopher D. Carroll
Publisher: University of Chicago Press
ISBN: 022612665X
Category : Business & Economics
Languages : en
Pages : 517

Get Book Here

Book Description
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

Measuring What We Spend PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309265789
Category : Political Science
Languages : en
Pages : 217

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Book Description
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.

100 Years of U.S. Consumer Spending

100 Years of U.S. Consumer Spending PDF Author:
Publisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 84

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Book Description


Consumer Expenditures in

Consumer Expenditures in PDF Author:
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 72

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Book Description


2003 Consumer Expenditure Interview Survey

2003 Consumer Expenditure Interview Survey PDF Author:
Publisher:
ISBN:
Category : Consumer expenditure survey (CD-ROM)
Languages : en
Pages : 330

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Book Description


Not Your Parents' Money Book

Not Your Parents' Money Book PDF Author: Jean Chatzky
Publisher: Simon and Schuster
ISBN: 1416994734
Category : Juvenile Nonfiction
Languages : en
Pages : 178

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Book Description
For the first time, financial guru and TODAY Show regular Jean Chatzky brings her expertise to a young audience. Chatzky provides her unique, savvy perspective on money with advice and insight on managing finances, even on a small scale. This book will reach kids before bad spending habits can get out of control. With answers and ideas from real kids, this grounded approach to spending and saving will be a welcome change for kids who are inundated by a consumer driven culture. This book talks about money through the ages, how money is actually made and spent, and the best ways for tweens to earn and save money.

Handbook of US Consumer Economics

Handbook of US Consumer Economics PDF Author: Andrew Haughwout
Publisher: Academic Press
ISBN: 0128135255
Category : Business & Economics
Languages : en
Pages : 458

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Book Description
Handbook of U.S. Consumer Economics presents a deep understanding on key, current topics and a primer on the landscape of contemporary research on the U.S. consumer. This volume reveals new insights into household decision-making on consumption and saving, borrowing and investing, portfolio allocation, demand of professional advice, and retirement choices. Nearly 70% of U.S. gross domestic product is devoted to consumption, making an understanding of the consumer a first order issue in macroeconomics. After all, understanding how households played an important role in the boom and bust cycle that led to the financial crisis and recent great recession is a key metric. - Introduces household finance by examining consumption and borrowing choices - Tackles macro-problems by observing new, original micro-data - Looks into the future of consumer spending by using data, not questionnaires

Consumer Expenditures Survey, 1998-99, Report 955, November 2001

Consumer Expenditures Survey, 1998-99, Report 955, November 2001 PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 308

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Book Description


Consumer Expenditures in 2002

Consumer Expenditures in 2002 PDF Author:
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 18

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Consumer Expenditures in the United States

Consumer Expenditures in the United States PDF Author: United States. National Resources Committee. Industrial Committee
Publisher:
ISBN:
Category : Cost and standard of living
Languages : en
Pages : 206

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Book Description