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The Place of Financial Markets in the Economy

Hendrik S. Houthakker and Peter J. Williamson

in The Economics of Financial Markets

Published in print:
1996
Published Online:
November 2003
ISBN:
9780195044072
eISBN:
9780199832958
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019504407X.003.0002
Subject:
Economics and Finance, Financial Economics

Some of the frameworks and concepts of macroeconomics are deployed to explore the place of financial markets in the US economy, and various important questions are introduced (such as how interest ... More


Understanding the Relationship: CE Survey and PCE

William Passero, Thesia I. Garner, and Clinton McCully

in Improving the Measurement of Consumer Expenditures

Published in print:
2015
Published Online:
January 2016
ISBN:
9780226126654
eISBN:
9780226194714
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226194714.003.0007
Subject:
Economics and Finance, Microeconomics

There are two federal data series that refer to U.S. household expenditures. One uses the Consumer Expenditure Survey (CE), and the other personal consumption expenditures (PCE). Weights for the ... More


Expanded Measurement of Economic Activity: Progress and Prospects

Katharine G. Abraham

in Measuring Economic Sustainability and Progress

Published in print:
2014
Published Online:
May 2015
ISBN:
9780226121338
eISBN:
9780226121475
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226121475.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

The National Income and Product Accounts (NIPAs), produced by the Bureau of Economic Analysis (BEA), provide policy makers with critical information on current economic conditions and their creation ... More


Structural Transformation in General Equilibrium

Alessio Moro and Carlo Valdes

in New Perspectives on Structural Change: Causes and Consequences of Structural Change in the Global Economy

Published in print:
2021
Published Online:
April 2021
ISBN:
9780198850113
eISBN:
9780191884566
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198850113.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter revises the main mechanisms at work in generating structural change in a multi-sector environment, which emerge due to an interaction between consumers’ preferences and technological ... More


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