A Comparison of Micro and Macro Expenditure Measures Across Countries Using Differing Survey Methods

Résumé du livre

First, coverage of aggregate expenditure relative to national account is examined. Coverage rates are highest in Canada and the UK. Over the past three decades coverage remained fairly stable in Canada and Australia; in the UK and US coverage rates declined sharply. Survey response rates and top income shares are then considered in tandem with coverage rates. Falls in response rates are found to be predictive of changes in coverage rates. Further, the change in coverage rates over time coincided with the growing concentration of income, indicating that growing inequality contributed to declining coverage rates.