An Econometric Model of the United States, 1929-1952

A₁ aggregative agricultural income assumed assumption behavior billions of 1939 billions of current billions of dollars calculations coefficients components constant dollar consumer consumption function corporate profits corporate savings Cowles Commission deflated demand Department of Commerce disposable income econometric model economic end-of-year endogenous variables estimates excess profits tax exogenous exports farm income federal personal income Federal Reserve Federal Reserve System forecast period forecasts for 1953 government expenditures gross national product Harold Barger imports inventory investment equation L. R. Klein L₁ linear liquid assets liquid assets held Liquidity Preference Equation National Accounts national income nonlinear nonwage income nonwage nonfarm income observations obtained parameters personal income tax predetermined variables Price Deflator price index price level relation residuals revised sample period statistical structural equations surveys tax function taxes less transfers U.S. Department unpublished tables USDC variant W₁ W₂ wage bill wage income Y+T+D