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How Fast Do Personal Computers Depreciate
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Book Synopsis How Fast Do Personal Computers Depreciate? Concepts and New Estimates by : Mark E. Doms
Download or read book How Fast Do Personal Computers Depreciate? Concepts and New Estimates written by Mark E. Doms and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new estimates of depreciation rates for personal computers using an extensive database of prices of used PCs. Our results show that PCs lose roughly half their remaining value, on average, with each additional year of use. We decompose that decline into age-related depreciation and a revaluation effect, where the latter effect is driven by the steep ongoing drop in the constant-quality prices of newly-introduced PCs. Our results are directly applicable for measuring the depreciation of PCs in the National Income and Product Accounts (NIPAs) and were incorporated into the December 2003 comprehensive NIPA revision. Regarding tax policy, our estimates suggest that the current tax depreciation schedule for PCs closely tracks the actual loss of value in a zero-inflation environment. However, because the tax code is not indexed for inflation, the tax allowances would be too small in present value for inflation rates above the very low level now prevailing.
Book Synopsis How Fast Do Personal Computers Depreciate? by : Wendy E. Dunn
Download or read book How Fast Do Personal Computers Depreciate? written by Wendy E. Dunn and published by . This book was released on 2004 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new estimates of depreciation rates for personal computers using an extensive database of prices of used PCs. Our results show that PCs lose roughly half their remaining value, on average, with each additional year of use. We decompose that decline into age-related depreciation and a revaluation effect, where the latter effect is driven by the steep ongoing drop in the constant-quality prices of newly-introduced PCs. Our results are directly applicable for measuring the depreciation of PCs in the National Income and Product Accounts (NIPAs) and were incorporated into the December 2003 comprehensive NIPA revision. Regarding tax policy, our estimates suggest that the current tax depreciation schedule for PCs closely tracks the actual loss of value in a zero-inflation environment. However, because the tax code is not indexed for inflation, the tax allowances would be too small in present value for inflation rates above the very low level now prevailing.
Book Synopsis How Fast Do Personal Computers Depreciate? by :
Download or read book How Fast Do Personal Computers Depreciate? written by and published by . This book was released on 2004 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Hard-to-Measure Goods and Services by : Ernst R. Berndt
Download or read book Hard-to-Measure Goods and Services written by Ernst R. Berndt and published by University of Chicago Press. This book was released on 2009-02-15 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: The celebrated economist Zvi Griliches’s entire career can be viewed as an attempt to advance the cause of accuracy in economic measurement. His interest in the causes and consequences of technical progress led to his pathbreaking work on price hedonics, now the principal analytical technique available to account for changes in product quality. Hard-to-Measure Goods and Services, a collection of papers from an NBER conference held in Griliches’s honor, is a tribute to his many contributions to current economic thought. Here, leading scholars of economic measurement address issues in the areas of productivity, price hedonics, capital measurement, diffusion of new technologies, and output and price measurement in “hard-to-measure” sectors of the economy. Furthering Griliches’s vital work that changed the way economists think about the U.S. National Income and Product Accounts, this volume is essential for all those interested in the labor market, economic growth, production, and real output.
Book Synopsis Description of Revenue Provisions Contained in the President's Fiscal Year ... Budget Proposal by :
Download or read book Description of Revenue Provisions Contained in the President's Fiscal Year ... Budget Proposal written by and published by . This book was released on 2005 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Description of Revenue Provisions Contained in The President's Fiscal Year 2008 Budget Proposal, March 2007 by :
Download or read book Description of Revenue Provisions Contained in The President's Fiscal Year 2008 Budget Proposal, March 2007 written by and published by . This book was released on 2007 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Finance. Subcommittee on Long-term Growth and Debt Reduction Publisher : ISBN 13 : Total Pages :108 pages Book Rating :4.0/5 ( download)
Book Synopsis Updating Depreciable Lives by : United States. Congress. Senate. Committee on Finance. Subcommittee on Long-term Growth and Debt Reduction
Download or read book Updating Depreciable Lives written by United States. Congress. Senate. Committee on Finance. Subcommittee on Long-term Growth and Debt Reduction and published by . This book was released on 2005 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Why Do Computers Depreciate? by : Michael J. Geske
Download or read book Why Do Computers Depreciate? written by Michael J. Geske and published by . This book was released on 2004 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The value of installed computers falls rapidly and therefore computers have a very high user cost. The paper provides a complete account of the non-financial user cost of personal computers -- decomposing it into replacement cost change, obsolescence, instantaneous depreciation, and age-related depreciation. The paper uses data on the resale price of computers and a hedonic price index for new computers to achieve this decomposition. Once obsolescence is taken into account, age-related depreciation -- which is often identified as deterioration -- is estimated to be negligible. While the majority of the loss in value of used computers comes from declines in replacement cost, this paper shows the second most important source of decline in value is obsolescence. Obsolescence is accelerated by the decline in replacement cost of computers. Cheaper computing power drives developments in software and networks that make older computers less productive even though their original functionality remains intact.
Book Synopsis Internal Revenue Cumulative Bulletin by : United States. Internal Revenue Service
Download or read book Internal Revenue Cumulative Bulletin written by United States. Internal Revenue Service and published by . This book was released on 2007 with total page 820 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Description of Revenue Provisions Contained in The President's Fiscal Year 2009 Budget Proposal, [Joint Committee Print], March 2008 by :
Download or read book Description of Revenue Provisions Contained in The President's Fiscal Year 2009 Budget Proposal, [Joint Committee Print], March 2008 written by and published by . This book was released on 2008 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Measuring Capital in the New Economy by : Carol Corrado
Download or read book Measuring Capital in the New Economy written by Carol Corrado and published by University of Chicago Press. This book was released on 2009-02-15 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike.
Book Synopsis Description of Revenue Provisions Contained in the President's Fiscal Year 2006 Budget Proposal, [Joint Committee Print], March 2005 by :
Download or read book Description of Revenue Provisions Contained in the President's Fiscal Year 2006 Budget Proposal, [Joint Committee Print], March 2005 written by and published by . This book was released on 2005 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Oxford Handbook of Information and Communication Technologies by : Robin Mansell
Download or read book The Oxford Handbook of Information and Communication Technologies written by Robin Mansell and published by Oxford Handbooks Online. This book was released on 2007 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: The production and consumption of Information and Communication Technologies (or ICTs) have become embedded within our societies. The influence and implications of this have an impact at a macro level, in the way our governments, economies, and businesses operate, and in our everyday lives. This handbook is about the many challenges presented by ICTs. It sets out an intellectual agenda that examines the implications of ICTs for individuals, organizations, democracy, and the economy. Explicity interdisciplinary, and combining empirical research with theoretical work, it is organised around four themes covering the knowledge economy; organizational dynamics, strategy, and design; governance and democracy; and culture, community and new media literacies. It provides a comprehensive resource for those working in the social sciences, and in the physical sciences and engineering fields, with leading contemporary research informed principally by the disciplines of anthropology, economics, philosophy, politics, and sociology.
Book Synopsis The Telecommunications Challenge by : National Research Council
Download or read book The Telecommunications Challenge written by National Research Council and published by National Academies Press. This book was released on 2006-08-14 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting in the mid 1990s, the United States economy experienced an unprecedented upsurge in economic productivity. Rapid technological change in communications, computing, and information management continue to promise further gains in productivity, a phenomenon often referred to as the New Economy. To better understand the sources of these gains and the policy measures needed to sustain these positive trends, the National Academies Board on Science, Technology, and Economic Policy (STEP) convened a series of workshops and commissioned papers on Measuring and Sustaining the New Economy. This workshop, entitled "The Telecommunications Challenge: Changing Technologies and Evolving Policies," brought together leading industry representatives and government officials to discuss issues generated by the rapid technological change occurring in the telecommunications industry and the regulatory and policy challenges this creates. The workshop presented a variety of perspectives relating to developments in the telecommunications industry such as the potential of and impediments to broadband technology.
Book Synopsis Public Finance and Public Policy by : Jonathan Gruber
Download or read book Public Finance and Public Policy written by Jonathan Gruber and published by Macmillan. This book was released on 2011 with total page 860 pages. Available in PDF, EPUB and Kindle. Book excerpt: When first published, Gruber's Public Finance and Public Policy brought a refreshingly contemporary approach. It was the first text written from the ground up to reflect current realities of public finance, enhancing its survey of traditional topics with an emphasis on empirical work and coverage of transfer programs and social insurance. The new edition, fully updated with the most recent data and research possible, includes new coverage of the Medicare drug benefit, changes in the tax code, Hurricane Katrina, and the ongoing debate over privatization
Download or read book Federal Register written by and published by . This book was released on 1992-04-28 with total page 1014 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How to Depreciate Property--section 179 Deduction, MACRS, Listed Property by :
Download or read book How to Depreciate Property--section 179 Deduction, MACRS, Listed Property written by and published by . This book was released on 1998 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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