The Measurement of Saving, Investment, and Wealth PDF Download. Download free ebook of The Measurement of Saving, Investment, and Wealth in PDF format or read online by Robert E. Lipsey,Helen Stone Tice 9780226484716 Published on 2008-04-15 by University of Chicago Press
There is probably no concept other than saving for which U.S. official agencies issue annual estimates that differ by more than a third, as they have done for net household saving, or for which reputable scholars claim that the correct measure is close to ten times the officially published one. Yet despite agreement among economists and policymakers on the importance of this measure, huge inconsistencies persist. Contributors to this volume investigate ways to improve aggregate and sectoral saving and investment estimates and analyze microdata from recent household wealth surveys. They provide analyses of National Income and Product Account (NIPA) and Flow-of-Funds measures and of saving and survey-based wealth estimates. Conceptual and methodological questions are discussed regarding long-term trends in the U.S. wealth inequality, age-wealth profiles, pensions and wealth distribution, and biases in inferences about life-cycle changes in saving and wealth. Some new assessments are offered for investment in human and nonhuman capital, the government contribution to national wealth, NIPA personal and corporate saving, and banking imputation.
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Book which was published by University of Chicago Press since 2008-04-15 have ISBNs, ISBN 13 Code is 9780226484716 and ISBN 10 Code is 0226484718
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