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The National Academy of Sciences and many economists acknowledge that today's economic statistics — basically, measures of consumption and investments in assets — are incomplete.
And measures of consumption among the elderly, these experts say, have not shown a rising level of hardship.
Deaton's contributions include helping develop more consistent quantitative measures of consumption, Bandiera says.
The study finds that there was a large difference in measures of consumption and poverty between the first two methods (which yielded similar results) and the 7-day diary method.
First, we compared three different measures of consumption by caterpillars that had been experimentally parasitized at different levels (0 3 eggs).
Measures of consumption, however, are taken at the time an individual evaluates the reward and are therefore likely to be more sensitive to reward alteration (Flaherty, 1996).
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It means that while its economy is growing, demand (a measure of consumption and investment) is falling.
"Most alcohol-related harms experienced by college students occur among drinkers captured by the five/four measure of consumption," Henry Wechsler of the Harvard School of Public Health and Toben F. Nelson of the University of Minnesota wrote in July in The Journal of Studies on Alcohol and Drugs.
An alternative, quarterly survey of household spending by the National Bureau of Statistics suggests the share of services has doubled since 1995, to one-third of the total.Both this survey and the retail-sales figures enter into the GDP measure of consumption.
Deaton and Paxson [23] and Fukushige [24] proposed construction of an inequality measure of consumption.
Second, since we are using a closed economy model, our measure of consumption includes the trade balance.
More suggestions(15)
measures of intakes
gauge of consumption
measures of delinquency
measures of well-being
measures of misery
measures of boredom
measures of worklessness
measures of privacy
measures of Expatriation
measures of revenue
measures of democratisation
measures of knowledge
measures of enthusiasm
measures of agreement
measures of greatness
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