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National income accounts

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  • Leonard I. Nakamura

Abstract

This article presents a brief overview of the national income accounts. It summarizes the main parts of accounts and situates them within the efforts of economists to quantify economic activity and economic well-being. The author argues that these statistics are necessarily provisional and imperfect but nevertheless extremely useful. Some current directions for economic research seeking to extend the accounts are also discussed.

Suggested Citation

  • Leonard I. Nakamura, 2006. "National income accounts," Working Papers 06-11, Federal Reserve Bank of Philadelphia.
  • Handle: RePEc:fip:fedpwp:06-11
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    File URL: http://www.philadelphiafed.org/research-and-data/publications/working-papers/2006/wp06-11.pdf
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    References listed on IDEAS

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    Keywords

    National income;

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