Own-Account IT Equipment Investment

Posted: 16 Oct 2017

See all articles by David M. Byrne

David M. Byrne

Board of Governors of the Federal Reserve System

Carol A. Corrado

The Conference Board; Georgetown University - Center for Business and Public Policy

Daniel E. Sichel

Wellesley College; NBER

Multiple version iconThere are 2 versions of this paper

Date Written: October 04, 2017

Abstract

This note considers a puzzle: why has information technology (IT) equipment investment in the National income and Product Accounts (NIPAs) been so weak since 2007 at the same time that financial reports indicate massive increases in capital expenditures by IT service companies?

Suggested Citation

Byrne, David M. and Corrado, Carol A. and Sichel, Daniel E., Own-Account IT Equipment Investment (October 04, 2017). FEDS Notes No. 2017-10-04-2 https://doi.org/10.17016/2380-7172.2071, Available at SSRN: https://ssrn.com/abstract=3713416

David M. Byrne (Contact Author)

Board of Governors of the Federal Reserve System ( email )

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Carol A. Corrado

The Conference Board ( email )

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Georgetown University - Center for Business and Public Policy ( email )

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Daniel E. Sichel

Wellesley College ( email )

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Wellesley, MA 02181
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NBER ( email )

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