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Measurement Error and the Flow of Funds Accounts: Estimates of HouseholdAsset Demand Equations

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NBER1981-08-01 更新2025-01-04 收录
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In the household sector of the Flow of Funds Accounts, the difference between net acquisition of financial assets and net financial savings is equal to a statistical discrepancy which is often quite large relative to the reported changes in asset holdings. This means that the budget restrictions

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1981-08-01
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