Nowcashing : Using Daily Fiscal Data for Real-Time Macroeconomic Analysis /

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-...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Misch, Florian
مؤلفون آخرون: Kejji, Lamya, Olden, Brian, Poplawski Ribeiro, Marcos
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Working Papers; Working Paper ; No. 2017/227
الوصول للمادة أونلاين:Full text available on IMF
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100 1 |a Misch, Florian. 
245 1 0 |a Nowcashing :   |b Using Daily Fiscal Data for Real-Time Macroeconomic Analysis /  |c Florian Misch, Brian Olden, Marcos Poplawski Ribeiro, Lamya Kejji. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2017. 
300 |a 1 online resource (29 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
700 1 |a Kejji, Lamya. 
700 1 |a Olden, Brian. 
700 1 |a Poplawski Ribeiro, Marcos. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2017/227 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2017/227/001.2017.issue-227-en.xml  |z IMF e-Library