Measurement of Banking Services in the U.S. National Income and Product Accounts: Recent Changes and Outstanding Issues
In preparing for the 1999 comprehensive revision of the national income and product accounts (NIPA’s), BEA conducted research focused on two possible changes to the treatment of banking imputation: changing the method for separating "real" (i.e., quantity) changes from price changes for this service, and changing the method for allocating the consumption of the imputed service to the various users of the service. Only the first of these research projects was successful, in the sense that an improved methodology for real banking services was adopted and implemented. This paper summarizes the two research projects, the new methodology, and the outstanding issues.
|Date of creation:||May 2000|
|Date of revision:|
|Contact details of provider:|| Phone: 202-482-4883|
Web page: http://www.bea.gov/research/index.htm
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Donal J. Donovan, 1978. "Modeling the Demand for Liquid Assets: An Application to Canada (Etablissement d'un modÃ¨le de demande d'actifs liquides: application au Canada) (ConstrucciÃ³n de un modelo de demanda de activos lÃqu," IMF Staff Papers, Palgrave Macmillan, vol. 25(4), pages 676-704, December.
- Barnett, William A., 1978. "The user cost of money," Economics Letters, Elsevier, vol. 1(2), pages 145-149.
- Dennis Fixler & Kimberly Zieschang, 1999. "The productivity of the banking sector: integrating financial and production approaches to measuring financial service output," Canadian Journal of Economics, Canadian Economics Association, vol. 32(2), pages 547-569, April.
When requesting a correction, please mention this item's handle: RePEc:bea:papers:0001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Elizabeth Bernstein)
If references are entirely missing, you can add them using this form.