Revisions Policy for Official Statistics: A Matter of Governance
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Summary:
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 improvements. It is argued, using country examples and views from policymakers and other users, that national statistical agencies should have explicit revisions policies.
Series:
Working Paper No. 2004/087
Subject:
Balance of payments statistics Data Quality Assessment Framework (DQAF) Government finance statistics Labor National accounts
English
Publication Date:
May 1, 2004
ISBN/ISSN:
9781451851052/1018-5941
Stock No:
WPIEA0872004
Pages:
33
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