Nowcashing Using Daily Fiscal Data for Real Time Macroeconomic Analysis is popular PDF and ePub book, written by Florian Misch in 2017-11-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Nowcashing Using Daily Fiscal Data for Real Time Macroeconomic Analysis can be Read Online from any device for your convenience.
Nowcashing Using Daily Fiscal Data for Real Time Macroeconomic Analysis Book PDF Summary
Traditionally, fiscal data for policy analysis are derived from official reports that, depending on the country, are published either monthly, quarterly or annually, often with significant time lags. However, innovations in digitalization of government payments and accounting systems mean that real-time daily fiscal data exist in many countries. In this paper, we argue that these data contain valuable, but underutilized and underexploited information. Possible uses include (i) realtime fiscal surveillance which allows for much more timely responses to emerging signs of fiscal stress, and (ii) nowcasting economic activity, which is especially useful in countries where higher frequency GDP statistics are unavailable.
Detail Book of Nowcashing Using Daily Fiscal Data for Real Time Macroeconomic Analysis PDF
- Author : Florian Misch
- Release : 06 November 2017
- Publisher : International Monetary Fund
- ISBN : 9781484326732
- Genre : Business & Economics
- Total Page : 29 pages
- Language : English
- PDF File Size : 11,8 Mb
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