We document that aggregate accounting earnings growth is an incrementally significant leading indicator of growth in nominal Gross Domestic Product (GDP). Professional macro forecasters, however, do not fully incorporate the predictive content embedded in publicly available accounting earnings...

This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base...

Remarks at the Economic Club of New York, New York City.

Remarks at the Economic Club of New York, New York City.

Любое корпоративное образование строит свою деятельность исходя из перспективы устойчивого генерирования прибыли. Постоянный рост прибыли свидетельствут о...

Deferred taxes came from the need to reflect the deferred debts or claims in the financial statements, in an entity's relationship with the state budget. [4] Given the complexity of the operations leading to temporary differences, in this article we will address general issues concerning the...

This report presents the results of purchasing power parities (PPPs) in the 2011 International Comparison Program in Asia and the Pacific and background information on the concepts that underpin the results. The PPPs are disaggregated by major economic aggregates that enable robust cross-country...

International economic and financial crisis triggered in 2008 showed, on the one hand that for policy makers, the system of current statistics (national accounts) suffers from some fundamental structural weaknesses due to lack of relevant information and quality of existing data and, on the...

This report presents the summary results of purchasing power parities (PPP) in the 2011 International Comparison Program in Asia and the Pacific and background information on the concepts that underpin the results. The PPPs are disaggregated by major economic aggregates which enable robust...