{"product_id":"finance-and-economics-discussion-series-alan-greenspan-9781288722099","title":"Finance and Economics Discussion Series: Motor Vehicle Stocks, Scrappage, and Sales","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.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Alan Greenspan,Darrel Cohen\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1288722095\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781288722099\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Bibliogov\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/06\/2013\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 38\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.19lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.69h x 7.44w x 0.08d","brand":"Alan Greenspan","offers":[{"title":"Paperback","offer_id":48994611659007,"sku":"9781288722099","price":15.75,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/finance-and-economics-discussion-series-alan-greenspan-9781288722099","provider":"WR Book House","version":"1.0","type":"link"}