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.

Introduction to Measuring Wealth and Financial Intermediation and their links to the Real Economy

This introductory chapter to the NBER/CRIW conference volume that is forthcoming from the University of Chicago Press contains an overview of the papers that were presented at a meeting of the Conference on Research in Income and Wealth in November 2010 and that are included in the conference… Read more

By Charles Hulten, Marshall Reinsdorf
Published

Health Insurance and the Demand for Medical Care: Instrumental Variable Estimates Using Health Insurer Claims Data

This paper takes a different approach to estimating demand for medical care that uses the negotiated prices between insurers and providers as an instrument. The instrument is viewed as a textbook “cost shifting” instrument that impacts plan offerings, but is unobserved by consumers. The paper… Read more

By Abe C. Dunn
Published
Updated

Defining Disease Episodes and the Effects on the Components of Expenditure Growth

To better understand productivity and inflation in the health sector, health economists have advocated tracking the cost of treatment by disease over time. However, there are several methods for measuring the cost of treatment, and little work has been done to understand how different approaches… Read more

By Abe C. Dunn, Eli Liebman, Lindsey Rittmueller, Adam Shapiro
Published

Supplemental Poverty Measure: A Comparison of Geographic Adjustments with Regional Price Parities vs. Median Rents from the American Community Survey

One of the innovations of the Supplemental Poverty Measure is to make adjustments in the official poverty threshold to account for geographic price level differences, particularly for differences in the cost of shelter as measured by rents. A more recent initiative is to estimate thresholds that… Read more

By Bettina H. Aten, Eric B. Figueroa, Troy Martin, Trudi J. Renwick
Published

Domestic Trade in Services in Regional Input-Output Models

Lack of statistical data on interregional trade in services often leads regional input-output (I-O) models to rely on assumptions about the degree to which services are imported from other regions. One advantage of using an I-O model is that it provides the flexibility to tailor the basic model… Read more

By Ledia Guci, Charles Ian Mead
Published

University Contribution Studies Using Input-Output Analysis

Many universities report results based on input-output (I-O) analysis to promote the contribution that they make to a regional economy. How these results are obtained is not always clear. Nor are they always based on best practices. This paper presents best practices when using a regional I-O… Read more

By Zoë O. Ambargis, Charles Ian Mead, Stanislaw J. Rzeznik
Published

State and Local Government Defined Benefit Pension Plans: Estimates of Liabilities and Employer Normal Costs by State, 2000-2011

In the 2013 comprehensive revision of the National Income and Product Accounts, BEA introduced a new accrual treatment of defined benefit pension plans based on actuarial estimates of liabilities and normal costs. Accrual accounting is the preferred method for compiling national accounts because… Read more

By David G. Lenze
Published

Accounting for Intellectual Property Products: International Guidelines for National Economic Accounting and U.S. Rules for Financial Accounting

Paper presented to The National IP Taskforce
November 2013 | New York, NY

The international guidelines for national economic accounting recommend capitalizing expenditures related to intellectual property products (IPPs) in some cases where U.S. rules for financial accounting require immediate expensing of the same expenditures. This paper outlines the international… Read more

By Dylan Rassier
Published

Calculating Disease-Based Medical Care Expenditure Indexes for Medicare Beneficiaries: A Comparison of Method and Data Choices

Disease-based medical care expenditure indexes are currently of interest to measurement economists and have been the subject of several recent papers. These papers, however, produced widely different results for medical care inflation and also varied in the datasets and methods used, making… Read more

By Anne E. Hall, Tina Highfill
Published
Updated

Copyright-Protected Assets in the National Accounts

In 2007, we estimate that US businesses and governments invested $278 billion in software and US artists produced $71 billion worth of long-lived entertainment originals. These copyrighted materials will yield useful services for years to come. Because of their long working life, the… Read more

By Rachel Soloveichik, David B. Wasshausen
Published