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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


The Measures That Rule

Scott O’Bryan

in The Growth Idea: Purpose and Prosperity in Postwar Japan

Published in print:
2009
Published Online:
November 2016
ISBN:
9780824832827
eISBN:
9780824870621
Item type:
chapter
Publisher:
University of Hawai'i Press
DOI:
10.21313/hawaii/9780824832827.003.0002
Subject:
History, Asian History

This chapter examines the significant changes that were at work within the discipline of economics around the world during the mid-twentieth century and how these new lines of theoretical and ... More


Economic Growth and Measurement Reconsidered in Botswana, Kenya, Tanzania, and Zambia, 1965-1995

Morten Jerven

Published in print:
2014
Published Online:
April 2014
ISBN:
9780199689910
eISBN:
9780191770388
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199689910.001.0001
Subject:
Economics and Finance, Economic History, Development, Growth, and Environmental

How do we measure African economic performance? This question is fully explored through this pioneering study of how growth is measured in Botswana, Kenya, Tanzania, and Zambia; many widely held ... More


The “Architecture” of Capital Accounting: Basic Design Principles

Charles R. Hulten (ed.)

in A New Architecture for the U.S. National Accounts

Published in print:
2006
Published Online:
February 2013
ISBN:
9780226410845
eISBN:
9780226410876
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226410876.003.0006
Subject:
Economics and Finance, Economic Systems

This chapter discusses the design principles of a set of income and product accounts based on the circular flow model (CFM) of payments and goods. It explains that the analysis of capital within 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


National Health Accounts/National Income and Product Accounts Reconciliation: Hospital Care and Physician Services

Arthur Sensenig and Ernest Wilcox

in Medical Care Output and Productivity

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226132266
eISBN:
9780226132303
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226132303.003.0008
Subject:
Economics and Finance, Econometrics

The Health Care Financing Administration (HCFA), an agency of the Department of Health and Human Services, in its National Health Accounts (NHA), and the Bureau of Economic Analysis (BEA), an agency ... More


Capital in the Nineteenth Century

Robert E. Gallman and Paul W. Rhode

Published in print:
2020
Published Online:
September 2020
ISBN:
9780226633114
eISBN:
9780226633251
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226633251.001.0001
Subject:
Economics and Finance, Economic History

A nation’s capital stock is widely recognized as a crucial determinant of the productivity of its workers and the standard of living of its citizens. Tracking the evolution of capital is therefore a ... More


Musical Chairs and Inescapable Mathematics

ROBERT V. DODGE

in Schelling's Game Theory: How to Make Decisions

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199857203
eISBN:
9780199932597
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199857203.003.0011
Subject:
Economics and Finance, Behavioural Economics

The metaphor “musical chairs” encompasses a broad range of observations and behaviors in which the same patterns emerge in the aggregate regardless of how the individuals who comprise the aggregate ... More


The Measurement of Economic Activity and the Growth Metric: Constructing National Income in Britain, 1907–1941

Keith Tribe

in The Economy of the Word: Language, History, and Economics

Published in print:
2015
Published Online:
March 2015
ISBN:
9780190211615
eISBN:
9780190211646
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190211615.003.0003
Subject:
Economics and Finance, Economic History

The idea of ‘gross domestic product’ as the annual flow of national output dates back to the eighteenth century, but it was only in the mid-twentieth century that it became a reliable number. This ... More


National Time Accounting and National Economic Accounting

J. Steven Landefeld and Shaunda Villones (eds)

in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226454566
eISBN:
9780226454573
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454573.003.0005
Subject:
Economics and Finance, Econometrics

This chapter provides a comparison of the National Time Accountings (NTAs) to the U.S. national economic accounts, that is, the National Income and Products Accounts (NIPAs). Like the NIPAs, which ... 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


Why Do BLS Hours Series Tell Different Stories about Trends in Hours Worked?

Harley Frazis and Jay Stewart

in Labor in the New Economy

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226001432
eISBN:
9780226001463
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226001463.003.0010
Subject:
Economics and Finance, Microeconomics

This chapter focuses on the Bureau of Labor Statistics differences in work hours. The number of hours that people work for pay is an important economic measure for labor utilization and it is also ... More


An Overview of the Japanese Financial System

Jenny Corbett

in Capital Markets and Corporate Governance

Published in print:
1994
Published Online:
January 2015
ISBN:
9780198287889
eISBN:
9780191828867
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198287889.003.0017
Subject:
Economics and Finance, Financial Economics

This chapter examines the evidence on corporate financing patterns from 1970 to 1989 to address two issues. It first presents the conventional view of Japanese companies' financial structures. Next, ... More


Introduction

Morten Jerven

in Economic Growth and Measurement Reconsidered in Botswana, Kenya, Tanzania, and Zambia, 1965-1995

Published in print:
2014
Published Online:
April 2014
ISBN:
9780199689910
eISBN:
9780191770388
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199689910.003.0001
Subject:
Economics and Finance, Economic History, Development, Growth, and Environmental

Economic growth in Africa is reconsidered from three points of view. First, the study of economic growth in Africa has focused on average growth, but the book will show that there has in fact been no ... More


African Economic Growth Reconsidered

Morten Jerven

in Economic Growth and Measurement Reconsidered in Botswana, Kenya, Tanzania, and Zambia, 1965-1995

Published in print:
2014
Published Online:
April 2014
ISBN:
9780199689910
eISBN:
9780191770388
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199689910.003.0002
Subject:
Economics and Finance, Economic History, Development, Growth, and Environmental

Studies of growth in post-colonial Africa have overwhelmingly focused on explaining the failure of economic growth in Africa. This “stylized fact” must be qualified, and when this is taken into ... More


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