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On defining real consumption

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  • Edward C. Prescott

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Suggested Citation

  • Edward C. Prescott, 1997. "On defining real consumption," Review, Federal Reserve Bank of St. Louis, issue May, pages 47-53.
  • Handle: RePEc:fip:fedlrv:y:1997:i:may:p:47-53
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    File URL: https://files.stlouisfed.org/files/htdocs/publications/review/97/05/9705ep.pdf
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    References listed on IDEAS

    as
    1. Diewert, W Erwin, 1978. "Superlative Index Numbers and Consistency in Aggregation," Econometrica, Econometric Society, vol. 46(4), pages 883-900, July.
    2. Andreas Hornstein & Edward C. Prescott, 1991. "Insurance Contracts as Commodities: A Note," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(5), pages 917-928.
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    Cited by:

    1. Antonia Diaz & Maria Jose Luengo Prado, 2008. "On the User Cost and Homeownership," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(3), pages 584-613, July.
    2. Piazzesi, Monika & Schneider, Martin & Tuzel, Selale, 2007. "Housing, consumption and asset pricing," Journal of Financial Economics, Elsevier, vol. 83(3), pages 531-569, March.
    3. Ernst R. Berndt & David M. Cutler & Richard Frank & Zvi Griliches & Joseph P. Newhouse & Jack E. Triplett, 2001. "Price Indexes for Medical Care Goods and Services -- An Overview of Measurement Issues," NBER Chapters, in: Medical Care Output and Productivity, pages 141-200, National Bureau of Economic Research, Inc.
    4. Garner, Thesia I. & Verbrugge, Randal, 2009. "Reconciling user costs and rental equivalence: Evidence from the US consumer expenditure survey," Journal of Housing Economics, Elsevier, vol. 18(3), pages 172-192, September.
    5. Braga, Breno & Lerman, Robert I., 2019. "Accounting for homeownership in estimating real income growth," Economics Letters, Elsevier, vol. 174(C), pages 9-12.

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    Keywords

    Consumption (Economics);

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