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  • 1
    Electronic Resource
    Electronic Resource
    SOCIAL CHALLENGES TO ECONOMIC ACCOUNTING AND ECONOMIC CHALLENGES TO SOCIAL ACCOUNTING (1980)
    Oxford, UK : Blackwell Publishing Ltd
    Review of income and wealth 26 (1980), S. 0 
    Details
    ISSN: 1475-4991
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The question addressed in this paper is: Why can't we have a good measuring rod of the economic and social performance of our society? The answers are basically positive but lie mostly in the direction of (1) avoiding simplistic solutions such as turning the national income accounts into a measure of social welfare and (2) providing the elements of an information strategy to obtain such a measure or more accurately such a set of measures.The proposed information strategy highlights five activities: (1) the presentation and analysis of welfare outcomes, an activity which is analogous to but broader than “social indicators”; (2) social accounting which includes economic accounting, demographic accounting, and time-use accounting; (3) model building and operation which, unlike accounting, are concerned with behavioral or causal relationships used to explain and project welfare outcomes; (4) hypothesis testing to develop new insights into economic and social behavior; and finally (5) the building and maintenance of a data base required for carrying on the aforementioned four activities.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1475-4991.1980.tb00127.x
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  • 2
    Electronic Resource
    Electronic Resource
    INCOME DISTRIBUTION ISSUES VIEWED IN A LIFETIME INCOME PERSPECTIVE (1978)
    Oxford, UK : Blackwell Publishing Ltd
    Review of income and wealth 24 (1978), S. 0 
    Details
    ISSN: 1475-4991
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: In the June 1977 issue of the American Economic Review extraordinary attention was given to the statistical problem of measuring the effect on inequality in current income arising from differences associated with age. The method adopted by Paglin was severely criticized although everyone recognized the value of Paglin's unusual, if not original, emphasis on the importance of the underlying issue.This paper is not primarily concerned with the statistical problem of correcting data on current income distributions for income-age differences. It is concerned mainly with the lifetime income perspective itself-with ways of viewing the long-term path of persons and of ways of viewing inequalities in that path as they develop within and among different generations.The paper discusses issues of measurement on a birth-cohort or longitudinal basis, recent trends for selected cohorts, intra-and inter-cohort variances in lifetime income, and various policy issues, for example, the equity of the U.S. Social Security System viewed on a lifetime dimension.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1475-4991.1978.tb00035.x
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  • 3
    Electronic Resource
    Electronic Resource
    NEEDS FOR CONSISTENCY AND FLEXIBILITY IN MEASURES OF REAL PRODUCT BY INDUSTRY (1968)
    Oxford, UK : Blackwell Publishing Ltd
    Review of income and wealth 14 (1968), S. 0 
    Details
    ISSN: 1475-4991
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Study of relationships between outputs, inputs, prices, and final demands in the United States can be strengthened by: (1) eliminating disparities in official measures of output (mainly the Index of Industrial Production and Real Gross National Product), and (2) obtaining agreement on the conceptual framework for studying these relationships.Real Gross Product has provided a consistent framework for study of productivity and prices for the total economy and for broad industry groups, but has not easily permitted the analysis of commodity detail particularly for intermediate commodities. Industrial Production, on the other hand, has considerably extended the detailed analysis of commodity output but has not provided a basis for systematic analysis of productivity and prices within a consistent framework for the total economy.This paper illustrates the effect of some of the disparities between Industrial Production and Gross Product in manufacturing on the analysis of relations between prices and output and prices and productivity. This is done for the 1954–1958 period when benchmark data are available for both measures. Inconsistencies for a number of industries cause difficulties in analyzing the interplay of demand and cost influences on price changes; for example, industries which rise above average in output and below in price in one measure are not the same as those in similar price-quantity relationships in the other measure.The paper concludes by recommending improvements in data and concept in order to eliminate some of the disparities and to enable analysts to reap the benefits of both types of measures of real output.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1475-4991.1968.tb00933.x
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