This page provides access to papers and presentations prepared by BEA staff. Abstracts are presented in HTML format; complete papers are in PDF format with selected tables in XLS format. The views expressed in these papers are solely those of the authors and not necessarily those of the U.S. Bureau of Economic Analysis or the U.S. Department of Commerce.

Modeling and Forecasting Income Inequality in the United States

Recently, an idea has emerged that “the rich are getting richer and the poor are getting poorer”. Using tax data from Piketty, Saez, and Zucman (2017) (updated in the World Wealth& Income Database) and internal microdata from the Current Population Survey (1975-2015),this paper models… Read more

Published

Assessing the Automated Imputation of Missing and Erroneous Survey Data: A Simulation-Based Approach

Presented at the 2018 Federal Committee on Statistical Methodology (FCSM) Research and Policy Conference

By Larkin Terrie
Published

Defining and Measuring the Digital Economy

This paper, made possible by support from the Commerce Department’s National Telecommunications and Information Administration (NTIA), describes the work of the Bureau of Economic Analysis (BEA) to develop estimates towards the construction of a new digital economy satellite account. These… Read more

By Kevin Barefoot, Dave Curtis, William A. Jolliff, Jessica R. Nicholson, Robert Omohundro
Published

Valuing Owner-Occupied Housing: an empirical exercise using the American Community Survey (ACS) Housing files

In Aten (2017) the rental equivalence method was applied to the owner-occupied housing (OOH) stock in the United States to impute the flow of housing services for the period 2000-2015. The rents were based upon the American Community Survey and were broken into seven types of structure, vintage… Read more

By Bettina H. Aten
Published

Multinational Profit Shifting and Measures throughout Economic Accounts

Profit shifting to low-tax countries imposes challenges for the treatment of multinational enterprises in economic accounts. Using adjustments for profit shifting calculated in Guvenen et al. (2017) under an alternative measurement methodology, this paper empirically demonstrates how the effects… Read more

By Jennifer Bruner, Dylan Rassier, Kim J. Ruhl
Published

Is Productivity on Vacation? The Impact of the Digital Economy on the Value of Leisure

Many recent digital innovations (like video games) augment the value of leisure time, which is not captured by GDP. Therefore, the productivity impact of such innovations may be understated. I develop the theoretical foundations for measuring the value of leisure when it is produced using the… Read more

By Benjamin R. Bridgeman
Published

Experimental Estimates of Wages and Gross Output by Business Size and Industry, 2002-2012

This paper presents experimental estimates of wages and gross output by business size and industry sector for 2002-2012. We find small businesses, those employing less than 100 workers, experienced relatively slower growth between 2002 and 2012 for both wages and gross output compared to larger… Read more

By Tina Highfill, Erich H. Strassner
Published

Transatlantic Trade in Services: Investigating Bilateral Asymmetries in EU-U.S. Trade Statistics

The European Union (EU) and the United States are the biggest economic partners in international trade in services in the world, with total bilateral trade in 2015 exceeding EUR 400 billion according to the data reported by Eurostat. The United States accounted for close to 30 percent of total… Read more

By Kristy L. Howell, Robert Obrzut, Olaf Nowak
Published

Measuring the "Free" Digital Economy within the GDP and Productivity Accounts

We develop an experimental methodology that values "free" digital content through the lens of a production account and is consistent with the framework of the national accounts. We build upon the work in Nakamura, et al. (2016) by combining marketing- and advertising-supported content and find… Read more

By Leonard Nakamura, Jon D. Samuels, Rachel H. Soloveichik
Published

An Updated Analysis of the Roles of Cost per Case and Treated Prevalence in Health Spending Growth

This report presents data, methods, and findings from a study of the roles of treated disease prevalence (treated prevalence) and cost per person treated (cost per case) on the rate of increase in real per capita health spending by the civilian non-institutional population from 1996 through 2014… Read more

By Charles Roehrig, Craig Lake
Published