Treatment of Employee Stock Options in the U.S. National Economic Accounts
U.S. companies increasingly use the granting of employee stock options as part of an overall compensation package. What was originally an executive perk is now often provided to all employees. This growth has added significance to several questions on the treatment and valuation of these stock options. What are employee stock options? How are wages and salaries and profits measured? How are these options currently treated in national economic accounts of the United States? What are the major conceptual measurement and timing issues? What are the major practical measurement and timing issues? Could a mismeasurement of these options be a source of the swing in the U.S. statistical discrepancy for the most recent years? This paper will focus on answering these questions.
References listed on IDEAS
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.:
- Kevin J. Stiroh & Dale W. Jorgenson, 2000. "U.S. Economic Growth at the Industry Level," American Economic Review, American Economic Association, vol. 90(2), pages 161-167, May.
When requesting a correction, please mention this item's handle: RePEc:bea:papers:0007. 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: (Bryn Whitmire)
If references are entirely missing, you can add them using this form.