Late and significant revisions are often observed in direct investment equity income, hampering the quality of preliminary balance of payments statistics. We test a range of models and find that forecasts for direct investment equity income based on a combination of past profitability and...

Balance of payments systems all over the world can roughly be cate-gorised in two - settlement-based systems and survey-based systems such as the Danish. This paper deals with the selection of the Danish survey and the grossing-up estimation. Focus, however, is on the Danish methods of survey...