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Value of the consumer bundle: a data‐series set

Lawrence H. Officer (University of Illinois at Chicago, Chicago, Illinois, USA)

Journal of Economic Studies

ISSN: 0144-3585

Article publication date: 7 August 2007

1139

Abstract

Purpose

The purpose of this paper is to provide long‐run annual series of the value of the consumer bundle and related variables.

Design/methodology/approach

Benchmark data are assembled for each of the variables. Interpolative techniques are used to obtain values for missing years.

Findings

Continuous annual series for 1900‐2004 are developed for value of the consumer bundle, number of consumer units, and average size of the consumer unit. Behavior of the series over time is consistent with what economic and demographic experience would suggest.

Originality/value

Generation of long‐run series as extensions of aggregate‐type data in the Consumer Expenditure Survey of the Bureau of Labor Statistics.

Keywords

Citation

Officer, L.H. (2007), "Value of the consumer bundle: a data‐series set", Journal of Economic Studies, Vol. 34 No. 3, pp. 160-178. https://doi.org/10.1108/01443580710772740

Publisher

:

Emerald Group Publishing Limited

Copyright © 2007, Emerald Group Publishing Limited

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