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Finance and Economics Discussion Series - Motor Vehicle Stocks, Scrappage, and Sales (Paperback) Loot Price: R434

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Finance and Economics Discussion Series - Motor Vehicle Stocks, Scrappage, and Sales (Paperback): Alan Greenspan

Finance and Economics Discussion Series - Motor Vehicle Stocks, Scrappage, and Sales (Paperback)

Alan Greenspan

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Loot Price R434 Discovery Miles 4 340

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This paper offers a new framework for analyzing aggregate sales of new motor vehicles that incorporates separate models for the change in the vehicle stock and for the rate of vehicle scrappage. Because this approach requires only a minimal set of assumptions about demographic trends, the state of the economy, consumer "preferences," new vehicle prices and repair costs, and vehicle retirements, it is shown to be especially useful as a macroeconomic forecasting tool. In addition, a new historical annual time series estimate of motor vehicle stocks in the United States is presented.

General

Imprint:	Bibliogov
Country of origin:	United States
Release date:	February 2013
First published:	February 2013
Authors:	Alan Greenspan
Dimensions:	246 x 189 x 2mm (L x W x T)
Format:	Paperback - Trade
Pages:	38
ISBN-13:	978-1-288-72209-9
Categories:	Books > Social sciences > Politics & government > General Promotions
LSN:	1-288-72209-5
Barcode:	9781288722099