A systems view on concepts of income in the national accounts

Frits Bos ()

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, concepts of income are discussed in view of the purpose of use and the actual circumstances. Main choices in defining income are presented in a general system. The national accounts is a multi-purpose framework. It should therefore contain several concepts of income.

Keywords: Income; production boundary; expections and risk; measurability and comparability; micro-macro linkages (search for similar items in EconPapers)
JEL-codes: E0 C8 (search for similar items in EconPapers)
Date: 1989
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