We investigate a switch from fixed-weighted national accounts data to chain-type data in the quarterly macroeconometric model Mona. As in other countries the idea behind this change in the national accounts data has been to reduce the substitution bias, which has grown with the amount of...

Tourism plays an increasingly important role in many OECD economies. How can its impact on the economy and its potential for job creation be measured? The Tourism Satellite Account and the Employment Module - two new economic instruments designed by the OECD’s Tourism Committee - provide...

This book gives detailed information about the methods and data sources used to estimate one of the most important statistics for China – the national accounts. For the first time detailed information of this kind is published outside China. The introduction summarises the strengths and...

The repercussions of the 2007–2008 financial crisis have acted as an impetus to improve the quality and availability of statistical information. One such initiative addresses the importance of compiling a complete accounting of a nation’s wealth, and especially the wealth of households. This...