Measuring What We Spend

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Publisher : National Academies Press
ISBN 13 : 0309265789
Total Pages : 217 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Measuring What We Spend by : National Research Council

Download or read book Measuring What We Spend written by National Research Council and published by National Academies Press. This book was released on 2013-02-15 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Improving the Measurement of Consumer Expenditures

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Author :
Publisher : University of Chicago Press
ISBN 13 : 022612665X
Total Pages : 517 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Improving the Measurement of Consumer Expenditures by : Chris Carroll

Download or read book Improving the Measurement of Consumer Expenditures written by Chris Carroll and published by University of Chicago Press. This book was released on 2015-06-16 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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Author :
Publisher : National Academies Press
ISBN 13 : 0309265754
Total Pages : 217 pages
Book Rating : 4.3/5 (92 download)

DOWNLOAD NOW!


Book Synopsis Measuring What We Spend by : National Research Council

Download or read book Measuring What We Spend written by National Research Council and published by National Academies Press. This book was released on 2013-03-15 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Consumer Expenditures and Income

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Publisher :
ISBN 13 :
Total Pages : 558 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Consumer Expenditures and Income by : United States. Bureau of Labor Statistics

Download or read book Consumer Expenditures and Income written by United States. Bureau of Labor Statistics and published by . This book was released on 1964 with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt:

100 Years of U.S. Consumer Spending

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Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis 100 Years of U.S. Consumer Spending by :

Download or read book 100 Years of U.S. Consumer Spending written by and published by . This book was released on 2006 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

2003 Consumer Expenditure Interview Survey

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Publisher :
ISBN 13 :
Total Pages : 330 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis 2003 Consumer Expenditure Interview Survey by :

Download or read book 2003 Consumer Expenditure Interview Survey written by and published by . This book was released on 2004 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Consumer Expenditure Survey

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Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Consumer Expenditure Survey by :

Download or read book Consumer Expenditure Survey written by and published by . This book was released on 1989 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Analysis of Household Surveys

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Publisher : World Bank Publications
ISBN 13 : 9780801852541
Total Pages : 492 pages
Book Rating : 4.8/5 (525 download)

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Book Synopsis The Analysis of Household Surveys by : Angus Deaton

Download or read book The Analysis of Household Surveys written by Angus Deaton and published by World Bank Publications. This book was released on 1997 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using data from several countries, including Cote d'Ivoire, India, Pakistan, Taiwan, and Thailand, this book analyzes household survey data from developing countries and illustrates how such data can be used to cast light on a range of short-term and long-term policy issues.

News

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis News by :

Download or read book News written by and published by . This book was released on 1984 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Consumer Expenditure Survey

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Consumer Expenditure Survey by :

Download or read book Consumer Expenditure Survey written by and published by . This book was released on 1989 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measuring Food Security Using Household Expenditure Surveys

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Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896297675
Total Pages : 157 pages
Book Rating : 4.8/5 (962 download)

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Book Synopsis Measuring Food Security Using Household Expenditure Surveys by : Lisa C. Smith

Download or read book Measuring Food Security Using Household Expenditure Surveys written by Lisa C. Smith and published by Intl Food Policy Res Inst. This book was released on 2007-01-01 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Consumer Expenditure Survey

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis The Consumer Expenditure Survey by :

Download or read book The Consumer Expenditure Survey written by and published by . This book was released on 1994 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Allocation of Income Within the Household

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Publisher : University of Chicago Press
ISBN 13 : 9780226469669
Total Pages : 242 pages
Book Rating : 4.4/5 (696 download)

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Book Synopsis Allocation of Income Within the Household by : Edward P. Lazear

Download or read book Allocation of Income Within the Household written by Edward P. Lazear and published by University of Chicago Press. This book was released on 1988-07-29 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: To everyone who knows her, Annalise Decker is a model wife and mother. No one knows that she was once Deidre O'Reilly, a troubled young woman whose testimony put a dangerous criminal behind bars. Relocated through the Witness Security Program to the sleepy town of Deep Haven, Deidre got a new identity and a fresh start. When Agent Frank Harrison arrives with news that the man she testified against is out on bail and out for revenge, Annalise is forced to face the consequences of her secrets.

Consumer Expenditure Survey: U.S. tables

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Publisher :
ISBN 13 :
Total Pages : 708 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Consumer Expenditure Survey: U.S. tables by : United States. Bureau of Labor Statistics

Download or read book Consumer Expenditure Survey: U.S. tables written by United States. Bureau of Labor Statistics and published by . This book was released on 1978 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Consumer Expenditure Survey

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Publisher :
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Consumer Expenditure Survey by :

Download or read book Consumer Expenditure Survey written by and published by . This book was released on 2003 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Best Customers

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Publisher :
ISBN 13 : 9781935775423
Total Pages : 0 pages
Book Rating : 4.7/5 (754 download)

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Book Synopsis Best Customers by : New Strategist Publications, Inc

Download or read book Best Customers written by New Strategist Publications, Inc and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summary: Analyzes household spending in the United States on numerous products and services by age, income, household type, race and Hispanic origin, region of residence, and educational attainment of householder. Identifies which households spend the most on a product or service (the best customers) and which control the largest share of spending (the biggest customers).

Consumer Demand in the United States

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Publisher : Springer Science & Business Media
ISBN 13 : 1441905103
Total Pages : 530 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Consumer Demand in the United States by : Lester D. Taylor

Download or read book Consumer Demand in the United States written by Lester D. Taylor and published by Springer Science & Business Media. This book was released on 2009-11-25 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classic treatise that defined the field of applied demand analysis, Consumer Demand in the United States: Prices, Income, and Consumption Behavior is now fully updated and expanded for a new generation. Consumption expenditures by households in the United States account for about 70% of America’s GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in price and income. Econometric estimates of price and income elasticities are obtained for an exhaustive array of goods and services using data from surveys conducted by the Bureau of Labor Statistics and aggregate consumption expenditures from the National Income and Product Accounts, providing a better understanding of consumer demand. Practical models for forecasting future price and income elasticities are also demonstrated. Fully revised with over a dozen new chapters and appendices, the book revisits the original Houthakker-Taylor models while examining new material as well, such as the use of quantile regression and the stationarity of consumer preference. It also explores the emerging connection between neuroscience and consumer behavior, integrating the economic literature on demand theory with psychology literature. The most comprehensive treatment of the topic to date, this volume will be an essential resource for any researcher, student or professional economist working on consumer behavior or demand theory, as well as investors and policymakers concerned with the impact of economic fluctuations.