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Over the last decade, a number of methodological manuals on macroeconomic datasets were produced by the international community. For a number of reasons, these manuals could be viewed as fragmented, disconnected, and branching in various directions. This paper groups by topics and broad...
Persistent link: https://www.econbiz.de/10005248275
This paper proposes a set of good practices for the revision of macroeconomic data. The authors argue that revisions are a routine part of disseminating quality data. Revisions are made not just to correct errors but also to incorporate better source data, update base periods, and make other...
Persistent link: https://www.econbiz.de/10005826244
Persistent link: https://www.econbiz.de/10005073393
Both national accounts and balance of payments are based on multiple, complex source data and typically undergo several routine revisions as more and better source data are incorporated into the final estimates. As a result, neither dataset can be subjected directly to the usual statistical...
Persistent link: https://www.econbiz.de/10005599554
This paper describes work in progress on data quality, an important element of greater transparency in economic policy and financial stability. Data quality is being dealt with systematically by the IMF through the development of data quality assessment frameworks complementing the IMF’s...
Persistent link: https://www.econbiz.de/10005599693