The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national, regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from innovative and advancing technologies, and provides recommendations from the perspectives of the economics profession, business, and government.

Upcoming Meetings

  • November 9, 2018

Agenda & Materials - November 9, 2018

Time Topics Speakers  
8:30 AM - 9:00 AM Registration and Coffee    
9:00 AM - 9:45 AM Opening Remarks & BEA Update
  • Brian Moyer
 
9:45 AM - 10:15 AM Update Session: GDP by County
  • Joel Platt

PresentationGross Domestic Product by County Statistics: A Project Update PPTXby Joel Platt

BackgroundGDP Statistics for U.S. Counties Coming Dec. 12

10:15 AM - 10:30 AM Break

 


 

10:30 AM - 12:00 PM GDP and Beyond: Priorities  & Plans
  • Steve Landefeld

PresentationGDP and Beyond: Priorities and Plans PPTXby Steve Landefeld

BackgroundGDP and Beyond: Measuring Economic Progress and Sustainability

   
  • DiscussantsDale Jorgenson

PresentationComments on GDP and Beyond: Priorities and Plans PPTX



 

   
  • Katharine Abraham

BackgroundMeasuring Economic Progress and Sustainability PDF

PresentationGDP and Beyond: Priorities and Plans PDF

12:00 PM - 1:15 PM Lunch    
1:15 PM  -   2:15 PM Current Issue: Offshore Profit Shifting
  • Ray Mataloni











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PresentationCurrent Issue: Offshore Profit Shifting PPTXby Ray Mataloni

BackgroundStrategic Movement of Intellectual Property within U.S. Multinational Enterprises PDF

Offshore Profit Shifting and Domestic Productivity Measurement

Multinational Profit Shifting and Measures Throughout Economic Accounts PDF

   
  • Alan Auerbach 

PresentationOffshore Profit Shifting and the National Accounts PPTXby Alan Auerbach

2:15 PM - 3:30 PM Machine Learning for National Economic Accounting
  • Jeff Chen
     

PresentationMachine Learning for National Economic Accounting PPTXby Jeff Chen

BackgroundOff to the Races: A Comparison of Machine Learning and Alternative Data for Nowcasting of Economic Indicators PDF

   
  • Discussant: Pat Bajari Amazon.com     

PresentationDiscussion of “Machine Learning National Economic Accounts” PPTXby Pat Bajari

3:30 PM Adjournment    
Download/Print Complete Agenda

About the Committee

The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national, regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from innovative and advancing technologies, and provides recommendations from the perspectives of the economics profession, business, and government.

Committee Members

Appointed: 2010

Current Term Ends: 2019

Ernst R. Berndt

Chairman, Massachusetts Institute of Technology

Ernst Berndt is the Louis E. Seley Professor in Applied Economics and a professor of applied economics at the Massachusetts Institute of Technology Sloan School of Management. He is a former director of the National Bureau of Economic Research Program on Technological Progress and Productivity Measurement.

Berndt's recent research has focused on the changing dynamics of health care industries, including how medical innovations have affected the costs of treating selected diseases, the globalization of clinical trials, cancer drug shortages in the United States, and incentives for research and development in diseases prevalent in low-income countries.

More generally, his research deals with the sources and measurement of productivity growth. Berndt has implemented methods for adjusting prices for changes in quality in the pharmaceutical, health care, personal computer hardware, prepackaged software and personal digital assistant product categories.

Berndt holds a B.A. in economics and philosophy from Valparaiso University and an M.S. and Ph.D. from the University of Wisconsin.

Appointed: 2014

Current Term Ends: 2020

Katharine G. Abraham

University of Maryland

Katharine G. Abraham is professor of economics and survey methodology and director of the Maryland Center for Economics and Policy at the University of Maryland. She served as commissioner of the Bureau of Labor Statistics, 1993–2001, and as a member of the President's Council of Economic Advisers, 2011–13. 

Abraham served as chairperson of the Commission on Evidence-Based Policymaking, helping Congress develop a strategy for using data to evaluate the government's effectiveness. She also serves on standing academic advisory committees convened by the Congressional Budget Office and the Federal Reserve Bank of Chicago. 

She is a research associate of the National Bureau of Economic Research and an elected fellow of the American Statistical Association and the Society of Labor Economists. 

Her research areas include the work and retirement decisions of older Americans and the effects of financial aid on college attendance.

She received her Ph.D. in economics from Harvard University and her B.S. from Iowa State University.

Appointed: 2003

Current Term Ends: 2019

Alan J. Auerbach

University of California, Berkeley

Alan J. Auerbach is the Robert D. Burch Professor of Economics and Law, director of the Burch Center for Tax Policy and Public Finance, and former chair of the Economics Department at the University of California, Berkeley. He is also a research associate of the National Bureau of Economic Research and previously taught at Harvard and the University of Pennsylvania.

Auerbach was deputy chief of staff of the U.S. Joint Committee on Taxation in 1992 and has been a consultant to government agencies and institutions in the United States and abroad.

He served as an executive committee member and vice president of the American Economic Association; as editor of that association's Journal of Economic Perspectives and American Economic Journal: Economic Policy; and as president of the National Tax Association, receiving the Daniel M. Holland Medal.

He received his Ph.D. in economics from Harvard University and his B.A. in economics and mathematics from Yale University.

Appointed: 2003

Current Term Ends: 2019

Barry P. Bosworth

The Brookings Institution

Barry Bosworth is a senior fellow in the Economic Studies Program (the Robert V. Roosa Chair in International Economics) at the Brookings Institution in Washington, D.C.

He was director of the President's Council on Wage and Price Stability, 1977–79; a visiting lecturer at the University of California, Berkeley; an assistant professor at Harvard University; and an economist for the White House Council of Economic Advisers, 1968–69.

His research has involved the determinants of economic growth in developing countries, saving, capital formation, and productivity growth.

Some recent publications include: The Decline in Saving: A Threat to America's Prosperity? (2012); The Economy of Puerto Rico: Restoring Growth, with Susan Collins and Miguel A. Soto-Class (2006); Productivity in the U.S. Services Sector: New Sources of Economic Growth, with Jack Triplett (2004); and "Accounting for Growth: Comparing China and India," (with Susan Collins) Journal of Economic Perspectives (2008).

Bosworth received his B.A. and Ph.D. from the University of Michigan.

Appointed: 2003

Current Term Ends: 2019

Robert J. Gordon

Northwestern University

Robert Gordon is the Stanley G. Harris Professor of the Social Sciences at Northwestern University. He is a macroeconomist whose interests include unemployment, inflation, and the long-run and cyclical aspects of labor productivity.

For more than three decades, he has been a member of the National Bureau of Economic Research's Business Cycle Dating Committee. He served on the Boskin Commission to assess the accuracy of the U.S. Consumer Price Index. He is the author of a textbook in intermediate macroeconomics, now in its 12th edition. His new book is The Rise and Fall of American Growth.

Gordon is a fellow of the Econometric Society and the American Academy of Arts and Sciences and a Distinguished Fellow of the American Economic Association. In 2016, Bloomberg named him to its annual list of 50 most influential people.

Gordon received his Ph.D. in economics from the Massachusetts Institute of Technology, a B.A. from Oxford University, and a B.A. from Harvard University.

Appointed: 2003

Current Term Ends: 2020

Maurine A. Haver

Haver Analytics, Inc.

Maurine Haver is founder of Haver Analytics, an economic information services company. Haver Analytics provides time series economic data, maintaining more than 200 complex databases with information from more than 1,200 government and private sources, and has an extensive offering of forecast data covering the world's economies.

Haver is a member of the Bureau of Labor Statistics' Data Users Advisory Committee and served on the Financial Research Advisory Committee, advising the Treasury Department about analyzing systemic financial risk. She is the past chair of the Council of Professional Associations on Federal Statistics.

Previously, she was an economist in the economic forecasting group of General Electric in New York, a member of the International Staff of Compagnie Bull General Electric in Paris, and a consultant at Chase Manhattan Bank in London. She served as president of the National Association of Business Economists, 1994–95, and chair of the NABE Statistics Committee.

Appointed: 2005

Current Term Ends: 2020

Charles R. Hulten

University of Maryland

Charles R. Hulten is professor emeritus of economics at the University of Maryland, where he has taught since 1985. He is also a research associate of the National Bureau of Economic Research, chairman of the Conference on Research in Income and Wealth, and senior fellow at The Conference Board.  

His research interests include productivity analysis, economic growth and development, and capital formation and the measurement of economic depreciation. He also researches intangible capital and the effects of intangibles on economic growth and corporate wealth.

Hulten was a senior research associate at the Urban Institute and assistant professor of economics at Johns Hopkins University. He served on the Committee on Economic Statistics of the American Economic Association and also on the Canberra Group advisory committee, in support of the revision of the U.N. System of National Accounts.

He received a B.A. in statistics and a Ph.D. in economics from the University of California, Berkeley.

Appointed: 2003

Current Term Ends: 2020

Dale W. Jorgenson

Harvard University

Dale W. Jorgenson is the Samuel W. Morris University Professor at Harvard University.

He is a former president and distinguished fellow of the American Economic Association and was awarded the association's John Bates Clark Medal.

His research includes work on information technology and economic growth, energy and the environment, tax policy and investment behavior, and applied econometrics. He's the author of more than 300 articles in economics and author or editor of 37 books.

He was a founding member of the Board on Science, Technology, and Economic Policy of the National Research Council and also served as board chairman. He was elected to fellowship in the American Association for the Advancement of Science, the American Statistical Association, and the Econometric Society, where he also served as president.

Jorgenson was chairman of Harvard's Department of Economics, 1994–97. He received a B.A. in economics from Reed College in Portland, Ore., and his Ph.D. from Harvard University.

Appointed: 2010

Current Term Ends: 2019

Ellen R. McGrattan

Federal Reserve Bank of Minneapolis

Ellen McGrattan is a consultant at the Federal Reserve Bank of Minneapolis, a professor of economics at the University of Minnesota, and director of the Heller-Hurwicz Economics Institute.

She is a research associate at the National Bureau of Economic Research, a fellow of the Econometric Society, a fellow of the Society for the Advancement of Economic Theory, and president-elect of the Midwest Economics Association.

 

McGrattan's research is concerned with the aggregate effects of monetary and fiscal policy, in particular the effects on GDP, investment, the allocation of hours, the stock market, and international capital flows. Her recent work reexamines some business cycle puzzles in macroeconomics, considering the fact that some investments are unmeasured.

She has taught at Duke University, European University Institute, University of Pennsylvania, Stockholm School of Economics, and the International Monetary Fund, among others.

McGrattan received her B.S. in economics and mathematics from Boston College and her Ph.D. from Stanford University.

Appointed: 2010

Current Term Ends: 2019

Therese J. McGuire

Northwestern University

Therese J. McGuire is professor of strategy at the Kellogg School of Management at Northwestern University.

McGuire's areas of expertise are state and local public finance, fiscal decentralization, property tax limitations, education finance, and regional economic development. She has written about and worked with various governments on state tax reform and on the impact of taxes on economic growth.

In 1989 McGuire worked with a blue-ribbon commission and directed a study of revenues and expenditures for the state of Arizona. McGuire was president of the National Tax Association and has served as editor of the National Tax Journal. Her publications have appeared in the National Tax Journal, the Journal of Regional Science, the Journal of Urban Economics, International Tax and Public Finance, and the Journal of Public Economics.

McGuire has a B.A. with a dual major in mathematics and economics from the University of Nebraska-Lincoln and a Ph.D. in economics from Princeton University.

Appointed: 2003

Current Term Ends: 2020

William D. Nordhaus

Yale University

William Nordhaus is Sterling Professor of Economics at Yale University. He is on the research staff of the National Bureau of Economic Research and a member and senior advisor of the Brookings Panel on Economic Activity.

He served on the President's Council of Economic Advisers, 1977-79; served as provost of Yale; and was chair of the Boston Federal Reserve Bank. He's a member of the National Academy of Sciences and a fellow of the American Academy of Arts and Sciences.

Nordhaus has studied wage and price behavior, health economics, augmented national accounting, the political business cycle, and productivity. His study of the economic history of lighting back to Babylonian times found that long-term growth has been significantly underestimated. He is the author of the widely used DICE and RICE models of the economics of climate change.

He completed his undergraduate work at Yale University and received his Ph.D. in economics from the Massachusetts Institute of Technology.

Appointed: 2007

Current Term Ends: 2019

Joel L. Prakken

Macroeconomic Advisers

Joel Prakken is a founding member of the economic consulting firm Macroeconomic Advisers. Before that, he was senior economist at IBM Corp.'s world headquarters and served with the Federal Reserve Bank of New York. He has held positions on the faculties of New York University's Graduate School of Business and the Economics Department and the Olin School of Business at Washington University.

He served as a director and as president of the National Association for Business Economics and was president of the Gateway Association of Business Economists in Saint Louis.

Prakken has written papers for the Council of Economic Advisers, the American Council for Capital Formation, and the Center for the American Study of Business on topics including tax reform, budget policy, monetary policy, and the impact of technology on productivity.

Prakken completed his undergraduate degree in economics at Princeton University and received his Ph.D. from Washington University in Saint Louis.

Appointed: 2008

Current Term Ends: 2019

Andrew D. Reamer

George Washington University

Andrew Reamer is a research professor at the George Washington University's Institute of Public Policy. His research efforts, intended to inform the public and decision-makers, aim to encourage U.S. national economic development and competitiveness.

His areas of focus include strategic economic analysis and policy, innovation and entrepreneurship, workforce development, and the federal economic statistics system.

Reamer joined the Institute of Public Policy in 2010, after six years at the Brookings Institution's Metropolitan Policy Program and 20 years as a consultant in U.S. regional economic development and public policy.

Reamer is a member of several federal advisory committees, including the National Advisory Council on Innovation and Entrepreneurship, the Workforce Information Advisory Council, and the Bureau of Labor Statistics Data Users Advisory Committee. 

He received a Ph.D. in economic development and public policy and a master's of city planning from the Massachusetts Institute of Technology, and a B.S. in economics at the Wharton School, University of Pennsylvania.

Appointed: 2015

Current Term Ends: 2018

Daniel E. Sichel

Wellesley College

Dan Sichel is a professor of economics at Wellesley College. His research interests include macroeconomics, long-run growth and technology. 

As an economist at the Federal Reserve Board, 1988–1993, he worked on a range of macroeconomic issues, including helping to guide the Fed's forecasts and analysis of the U.S. economy. He served as assistant to the chair of the Airline Transportation Stabilization Board, which provided loan guarantees to airlines that suffered losses from the 9/11 terrorist attacks.

While at the Brookings Institution, Sichel wrote The Computer Revolution, a book that analyzed the relationship between information technology and economic growth.

He served as deputy assistant secretary for macroeconomic policy at the U.S. Treasury and senior associate director of the Division of Research and Statistics at the Federal Reserve Board.

He received a Ph.D. in economics from Princeton University and a bachelor's degree in economics and master's degree in public policy from the University of Michigan.

Past Meetings

Time Topics Speakers  
8:30 AM - 9:00 AM Registration & Coffee    
9:00 AM - 9:10 AM Opening Remarks
  • Brian Moyer
  • Ernie Berndt
 
9:10 AM - 10:00 AM Current Issue: Impact of Tax Reform on BEA's Accounts
  • Ben Mandel

Presentation2017 Tax Cuts and Jobs Act: Impact on the U.S. National Accounts PDFby Ben Mandel

   
  • Joel Prakken

PresentationComments on The Tax Cuts & Jobs Act PDFby Joel Prakken

BackgroundThe Macroeconomic Impact of the Tax Cuts and Jobs Act PDFby Joel Prakken, Chris Varvares

10:00 AM - 10:45 AM Update on the Outdoor Recreation Satellite Account
  • Lucas Hitt

PresentationOutdoor Recreation Satellite Account: Prototype Estimates, 2012–2016 PDFby Lucas Hitt

     

BackgroundSurvey of Current Business: Introducing the Outdoor Recreation Satellite Accountby Tina Highfill, Connor Franks, Patrick S. Georgi, and Thomas F. Howells III

     

News Release: Outdoor Recreation Satellite Account: Prototype Statistics for 2012-2016

     

Blog: Prototype Statistics: Outdoor Recreation Accounted for 2 Percent of GDP in 2016

   
  • DiscussantRob SouthwickSouthwick Associates

PresentationIndustry’s Perspectives on ORSA PDFby Rob Southwick

10:45AM - 11:00 AM Break    
11:00 AM - 11:20 AM Bureau Update
  • Brian Moyer
 
  Launching a New bea.gov
  • Lucas Hitt
 
11:20 AM - 12:30 PM Housing Services: Alternative Measures and Data Sources
  • Erich Strassner

PresentationHousing Services and the National Accounts PDFby Erich Strassner

   
  • Bettina Aten

PresentationOwner-occupied Housing: Alternative methods of valuing expenditures PDFby Bettina H. Aten

BackgroundWorking Paper: Valuing Owner-Occupied Housing: an empirical exercise using the American Community Survey (ACS) Housing files PDFby Bettina H. Aten

Working Paper: Rental equivalence estimates of national and regional housing expenditures PDFby Bettina H. Aten

Working Paper: Imputing Rents to Owner-Occupied Housing by Directly Modelling Their Distribution PDFby Arnold J. Katz

   
  • Scott Wentland

PresentationBig Data in Housing: An Overview of Zillow Microdata and its Potential for National Accounts PDFby Scott Wentland and Marina Gindelsky

BackgroundMonetary Policy and Home Prices: Big Data Research Applications at BEA PDFby Scott Wentland (BEA) & Jeremy Moulton (UNC)

12:30 PM - 1:45 PM Lunch    
1:45 PM - 3:00 PM Housing Services: Alternative Measures and Data Sources (continued)
  • Raven MolloyFederal Reserve Board

PresentationThoughts on Measuring Aggregate Housing Services PDFby Raven Molloy

   
  • Discussion Panelists:David JohnsonUniversity of MichiganMarshall ReinsdorfIMF

PresentationDiscussion of Housing Services PDFby David Johnson

   
  • André LorangerStatistics Canada

BackgroundCanadian Housing Statistics Program Overview PDF
CHSP Vancouver PDF
CHSP Toronto PDF

   
  • Susan WachterUniversity of Pennsylvania, Wharton School of Business
 
3:00 PM - 3:30 PM Toward Prototype GDP by County Statistics
  • Joel Platt
 
   
  • Ledia Guci

PresentationResearch and Development of Prototype Gross Domestic Product by County Statistics PDFby Ledia Guci

BackgroundWorking Paper: A Research Agenda for Measuring GDP at the County Level PDFby Ledia Guci, Charles Ian Mead, Sharon D. Panek

3:30 PM Adjournment    
Download/Print Complete Agenda
Time Topics Speakers Presentations & Background Materials
8:30 AM - 9:00 AM Registration and Coffee    
9:00 AM - 9:30 AM Opening Remarks & Bureau Update
  • Ernie Berndt
  • Brian Moyer
 
9:30 AM - 10:00 AM Current Issue:
Treatment of Disasters in BEA's Economic Accounts
  • Robert Kornfeld

PresentationThe Treatment of Disasters in the National Income and Product Accounts PDF  

10:00AM - 11:00 AM Quality-Adjusted Prices for Medical Care
  • Abe Dunn

PresentationAre Medical Care Prices Still Declining? A Systematic Examination of Quality-Adjusted Price Index Alternatives for Medical Care PDF  

BackgroundAre Medical Care Prices Still Declining? A Systematic Examination of Quality-Adjusted Price Index Alternatives for Medical Care PDF by Seidu Dauda, Abe Dunn, and Anne Hall

   
  • DiscussantLouise SheinerThe Brookings Institution

PresentationDiscussion of "Are Medical Care Prices Still Declining?"  PDF

   
  • Committee Discussion led byErnie Berndt
 
11:00 AM - 11:15 AM Break    
11:15 AM - 12:00 PM Toward a Satellite Account for Outdoor Recreation
  • Erich Strassner
  • Committee Discussion

PresentationOutdoor Recreation Satellite Account PDF

12:00 PM - 1:15 PM Lunch    
1:15 PM - 2:00 PM Update on Seasonal Adjustment Plans
  • Sally Thompson

PresentationUpdating BEA's National Accounts: Update on Seasonal Adjustment Plans PDF

   
  • Claudia SahmFederal Reserve Board

PresentationResidual Seasonality in GDP … Again? PDF

BackgroundFEDS Notes: Residual Seasonality in GDP (2015) by Charles E. Gilbert, Norman J. Morin, Andrew D. Paciorek, and Claudia R. Sahm

FEDS Notes: Another Look at Residual Seasonality in GDP (2017) by Paul Lengermann, Norman Morin, Andrew Paciorek, Eugenio Pinto, and Claudia Sahm

   
  • Committee Discussion
 
2:00 PM - 3:30 PM Quality-Adjusted Prices for High Tech Goods/Services – Current Work and Future Plans
  • David Wasshausen

PresentationQuality-Adjusted Prices for High Tech Goods/Services: Current Work and Future Plans PDF

   
  • DiscussantMarshall ReinsdorfIMF
 
   
  • Committee Discussion led byAna Aizcorbe

Questions for Committee Discussion PDF

3:30 PM Adjournment    
Time Topics Speakers Presentations & Background Materials
9:15 AM - 9:30 AM Registration    
9:30 AM - 9:45 AM Welcome & Opening Remarks
  • Ernie Berndt
  • Brad BurkeDeputy Under Secretary for Economic Affairs
 
9:45 AM - 11:15 AM Measuring Quality Adjusted Prices in the 21st Century
  • Erica GroshenFormer Commissioner, BLS
  •  
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  • Dave Wasshausen
   
  • David ByrneFederal Reserve Board
  •  
   
  • Michael HarperFormer Associate Commissioner for Productivity and Technology, BLS
  • Committee Discussion
 
11:15 AM - 12:30 PM Launching a New Bea.gov
  • Lucas Hitt
  • Alec Minor
 
12:30 PM - 1:30 PM Lunch    
1:30 PM - 1:45 PM BEA Update
  • Brian Moyer
 
1:45 PM - 2:30 PM Updating BEA's National Accounts    
  Overview of Plans Including Seasonal Adjustment
  • Sally Thompson
  • Committee Discussion
2:30 PM - 2:45 PM Break    
2:45 PM - 3:30 PM Updating BEA's National Accounts, continued    
  Consumer Spending & Use of Big Data
  • Kyle Brown
  The Government Sector & Harmonized Treatment of Pensions
  • Pamela Kelly
  Investment & Capital Services
  • Bob Kornfeld
  • Committee Discussion
3:30 PM Adjournment    
Time Topics Speakers Presentations Background Materials
8:30 AM - 9:00 AM Registration and Coffee      
9:00 AM - 9:15 AM Opening Remarks Justin Antonipillai, ESA    
9:15 AM - 10:45 AM Update on GDP Initiatives:
Source Data Acceleration & Impacts on GDP
Ron Jarmin, Census Bureau Source Data Acceleration & Impacts on GDP  PDF by Ron Jarmin  
    David Wasshausen Source Data Acceleration PDF by Thomas Howells and David Wasshausen  
  Seasonal Adjustment Improvements Brent Moulton Residual Seasonality in GDP and GDI  PDF by Brent Moulton Residual Seasonality in GDP and GDI: Findings and Next Steps PDFby Brent Moulton and Benjamin Cowan BEA Moves Ahead on Second Phase to Combat Potential for Residual Seasonality in GDP
    Discussant: Joel Prakken    
10:45 AM - 11:00 AM Break      
11:00 AM - 12:00 PM Trade in Services Initiative Paul Farello
Kristy Howell
Trade in Services Initiative  PDF by Paul Farello and Kristy Howell New Separately Published Countries Handout  PDF
Services Detail by Type Handout  PDF
 
    Discussant:
William Shpiece, USTR
   
12:00 PM - 1:30 PM Working Lunch:
Update on the Commission on Evidence-Based Policymaking
Katharine Abraham Commission on Evidence-Based Policymaking PDF by Katharine G. Abraham About CEP PDF
1:30 PM - 1:50 PM Update on BEA Activities Brian Moyer    
1:50 PM - 2:00 PM Break      
2:00 PM - 3:30 PM Measuring the Digital Economy Erich Strassner Measuring the Digital Economy PDF by Erich Strassner  
  Quality Adjustment of High-Tech Goods and Services Prices Ana Aizcorbe Improving ICT Deflators in the National Accounts PDF by Ana Aizcorbe  
    Daniel Sichel A New Look at Prices of Personal Computers, Tablets, and Cell Phones: A Progress Report PDF by Daniel Sichel
    Discussants:    
    Giulia McHenry, NTIA Measuring the Digital Economy: Motivations and Initiatives PDF by Giulia McHenry  
    Carol Corrado, The Conference Board Discussion of Improving ICT Deflators in the National Accounts PDF by Carol Corrado  
3:30 PM Adjournment      
     
Time Topics Speakers Presentations Background Materials
8:30 AM - 9:00 AM Registration and Coffee    
9:00 AM - 9:30 AM Opening Remarks & Bureau Update Brian Moyer    
    Ellen McGratten    
9:30 AM - 10:45 AM Exploring the Boundaries of Production: Cultivated Assets and Valuing "Free" Media Brent Moulton, Rachel Soloveichik
The Future of the SNA's Asset Boundary PDFBy Brent R. Moulton and Nicole Mayerhauser
Long-Lived Farm Animals As Capital Assets PDFBy Eldon Ball, Roberto Mosheim (ERS) and Rachel Soloveichik (BEA)
Valuing "Free" Media Across Countries in GDP PDFBy Leonard Nakamura and Rachel Soloveichik
    Discussant: Chuck Hulten    
10:45 AM - 11:00 AM Break    
11:00 AM - 12:15 PM Update Session:      
  Latest Results from the Health Care Satellite Account Abe Dunn
Introducing the New BEA Health Care Satellite Account PDFBy Abe Dunn, Lindsey Rittmueller, and Bryn Whitmire
  New Measurements of the Impacts of Globalization Jim Fetzer, Tom Howells
Update on New Measurements of the Impacts of Globalization PDFby James J. Fetzer and Thomas F. Howells III
Supply-Use Tables for the United States PDFby Jeffrey A. Young, Thomas F. Howells III, Erich H. Strassner, and David B. Wasshausen
  New FDI Data on Greenfield and Acquisitions Patricia Abaroa  
    Committee Discussion    
12:15 PM - 1:45 PM Lunch    
1:45 PM - 2:45 PM Big Data: Tackling New Projects and Exploring New Sources Dennis Fixler
    Discussant:
Roberto RigobonMassachusetts Institute of Technology
   
2:45 PM - 3:30 PM Prototyping BEA's Next Generation Website: A Better Way to Connect with Customers Lucas Hitt
    P.J. Urquilla    
    Committee Discussion    
3:30 PM Adjournment    
         
Time Topics Speakers Presentations Background Materials
8:30 AM - 9:00 AM Registration and Coffee    
9:00 AM - 9:15 AM Welcome and Opening Remarks
Brian Moyer
Ernst Berndt
   
9:15 AM - 10:45 AM BEA's Regional Program:
Recent Improvements and Future Work
Joel Platt & Ledia Guci
Ray Rasker, Headwaters Economics
Discussant: Andrew Reamer
BEA's Regional Program PDFby Ledia Guci
Prototype Personal Consumption Expenditures by State for 1997–2012 PDFby Christian Awuku-Budu, Ledia Guci, Christopher A. Lucas, and Charles Ian Mead
Prototype Quarterly Gross Domestic Product by State Statistics for 2005–2013 PDFby Lam Cao, Charles Ian Mead, Todd Siebeneck, and Catherine (Zheng) Wang
10:45 AM - 11:00 AM Break    
11:00 AM - 12:00 PM Update Session:
Harmonizing BEA's Measures of GDP, GDI, and Value Added
Brent Moulton
Committee Discussion
 
12:00 PM - 1:30 PM Lunch:
Plans for BEA's Web Site Redesign
Lucas Hitt & P.J. Urquilla
 
1:30 PM - 1:45 PM International Trade and Investment Facts Web Application
Ryan Howley
1:45 PM - 2:15 PM Update on BEA Activities 
Under Secretary Mark Doms
Brian Moyer
   
2:15 PM - 3:30 PM Better Measuring the Financial Sector Output:
BEA/FRB Integrated Macro Accounts and Shadow Banking
Bob Kornfeld & Kyle Hood
Discussants: Susan Hume McIntosh, Federal Reserve Board, & Daniel Sichel
Financial Subsectors in the Integrated Macroeconomic Accounts PDFby Robert Kornfeld, Lisa Lynn, and Takashi Yamashita
Financial Subsectors in the Integrated Macroeconomic Accounts PDFby Robert Kornfeld, Lisa Lynn, and Takashi Yamashita
3:30 PM Adjournment    
         
Time Topics Presentation Background Materials
8:30 AM - 9:00 AM Registration and Coffee
9:00 AM - 9:30 AM Welcome and Opening Remarks  
9:30 AM - 11:00 AM Health Care Satellite Account
Household Consumption Expenditures for Medical Care: An Alternate Presentation PDFby Ana Aizcorbe, Eli B. Liebman, David M. Cutler, and Allison B. Rosen
11:00 AM - 11:15 AM Break  
11:15 AM - 12:15 PM Update Session:
Factoryless Goods Manufacturing, Global Value Added Chains
12:15 PM - 1:30 PM Lunch  
1:30 PM - 2:15 PM Update on BEA Activities   
2:15 PM - 3:30 PM Revisions to GDP/GDI
Revisions to GDP/GDI PDFby Dennis J. Fixler
Discussant's Remarks:
Comments on Dennis J. Fixler's, "Revisions to GDP and GDI" PDFby Ellen R. McGrattan
The Revisions to GDP, GDI, and Their Major Components PDFby Dennis J. Fixler, Ryan Greenaway-McGrevy, and Bruce T. Grimm
3:30 PM Adjournment  
       
 

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The BEA Advisory Committee meets twice yearly. To attend, or to request additional information, please contact Gianna Marrone at gianna.marrone@bea.gov.