Finance and Economics Discussion Series

Name: Finance and Economics Discussion Series: Motor Vehicle Stocks, Scrappage, and Sales
SKU: 23805967
Price: 49.00 NZD
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Motor Vehicle Stocks, Scrappage, and Sales

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Paperback

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Description

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.

Release date NZ

February 6th, 2013

Author

Audience

General (US: Trade)

Contributor

Created by United States Federal Reserve Board

Country of Publication

United States

Illustrations

black & white illustrations

Imprint

Bibliogov

Pages

Publisher

Bibliogov

Dimensions

189x246x2

ISBN-13

9781288722099

Product ID

23805967

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