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The National Balance Sheet of the United States, 1953-1980

Author

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  • Goldsmith, Raymond W.

Abstract

In what constitutes a landmark in the field of national accounts, Raymond W. Goldsmith gives detailed estimates of the nation's assets and liabilities year by year from 1953 through 1975 and for the benchmark years of 1900, 1929, and 1980. Special features of this work include presentation of data sector by sector, which casts light on the changing roles of financial institutions, and Goldsmith's expression of data in the form of ratios rather than in absolute dollar values, a device that makes the material both more informative and easier to absorb. The most comprehensive and extensive study of national wealth ever attempted, The National Balance Sheet will be a rich resource for researchers and users of national accounts.

Suggested Citation

  • Goldsmith, Raymond W., 1982. "The National Balance Sheet of the United States, 1953-1980," National Bureau of Economic Research Books, University of Chicago Press, number 9780226301525.
    • Handle: RePEc:ucp:bknber:9780226301525
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    Cited by:

    1. Li, Cheng, 2018. "China's household balance sheet: Accounting issues, wealth accumulation, and risk diagnosis," China Economic Review, Elsevier, vol. 51(C), pages 97-112.
    2. Blomkvist, Katarina & Kappen, Philip & Zander, Ivo, 2023. "Weathering storms – Technological exploration of MNCs in times of financial crisis," Journal of World Business, Elsevier, vol. 58(2).
    3. Pasquale Della Corte & Lucio Sarno & Giulia Sestieri, 2012. "The Predictive Information Content of External Imbalances for Exchange Rate Returns: How Much Is It Worth?," The Review of Economics and Statistics, MIT Press, vol. 94(1), pages 100-115, February.
    4. Michael J. Boskin & Marc S. Robinson & Terrence O' Reilly & Praveen Kumar, 1984. "New Estimates of the Value of Federal Mineral Rights and Land," UCLA Economics Working Papers 357, UCLA Department of Economics.
    5. Xu, Jianguo & Zhang, Xun, 2014. "China's sovereign debt: A balance-sheet perspective," China Economic Review, Elsevier, vol. 31(C), pages 55-73.
    6. Boskin, Michael J. & Robinson, Marc S. & Huber, Alan M., 1987. "Government Saving, Capital Formation and Wealth in the United States, 1947-1985," CEPR Publications 244416, Stanford University, Center for Economic Policy Research.
    7. Lee, Jangyoun, 2021. "Behind rising inequality and falling growth," Journal of Macroeconomics, Elsevier, vol. 70(C).
    8. Michael J. Boskin & Marc S. Robinson & John M. Roberts, 1985. "New Estimates of Federal Government Tangible Capital and Net Investment," NBER Working Papers 1774, National Bureau of Economic Research, Inc.
    9. Ola Honningdal Grytten, 2012. "Financial crises and monetary expansion," Working Paper 2011/21, Norges Bank.

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