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The book explores the profound effects of changing consumer choices on the economy, illustrating how microchip factories have replaced traditional industries and impacted cities from New Bedford to Detroit. It critiques existing econometric models that rely on outdated data, emphasizing the need for more realistic approaches. By introducing new data from the entire twentieth century, including periods of peacetime prosperity, the author offers insights that enhance understanding of consumer behavior and its implications for state-level policy decisions.
Zakup książki
Consumer Expenditures, Stanley Lebergott
- Język
- Rok wydania
- 2016
- Oprawa
- (twarda)
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- Tytuł
- Consumer Expenditures
- Podtytuł
- New Measures and Old Motives
- Język
- angielski
- Autorzy
- Stanley Lebergott
- Wydawca
- Princeton University Press
- Rok wydania
- 2016
- Oprawa
- twarda
- Liczba stron
- 300
- ISBN13
- 9780691630960
- Tagi
- Biznes
- Opis
- The book explores the profound effects of changing consumer choices on the economy, illustrating how microchip factories have replaced traditional industries and impacted cities from New Bedford to Detroit. It critiques existing econometric models that rely on outdated data, emphasizing the need for more realistic approaches. By introducing new data from the entire twentieth century, including periods of peacetime prosperity, the author offers insights that enhance understanding of consumer behavior and its implications for state-level policy decisions.