In recent years the definition of an economic transfer—a payment to an individual or institution that does not arise out of current productive activity—has been subject to even wider interpretation. This volume addresses that trend and introduces new methods of measuring transfers in the...

The main topics treated in this conference volume are problems of deflation and quality change, the adequacy of the data used to construct the U.S. national accounts, and the broad theoretical evolution of the U.S. national income and product accounts. As these topics suggest, this volume...