Stock-flow adjustments, government's integrated balance sheet and fiscal transparency /
"This paper re-examines the stock-flow discrepancies of government debt and deficits and correlation with fiscal transparency. Applying the fully integrated relationship between financial stocks and flows allows for a more refined analysis of the deterministic components that make up the '...
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| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2013.
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| Series: | IMF working paper ;
WP/13/63. |
| Subjects: | |
| Online Access: | CONNECT |
Table of Contents:
- Cover; Abstract; Contents; I. Introduction; II. Accounting Illusions and Fiscal Transparency; III. The Stock-Flow Adjustment Identity; IV. Empirical Considerations; Figures; 1a. and 1b. Partial and Complete Stock-Flow Residuals (1996-2010); 2. Partial and Complete Stock Flow Residuals in Greece, Norway and the United Kingdom; Tables; 1. Partial and Complete Stock-Flow Data Summary Statistics; V. Stock-Flow Adjustments and Fiscal Transparency: A Re-Examination; 3. Reporting of Government Finance Statistics to the IMF and Fiscal Transparency.
- 2. Determinants of Partial and Complete Stock-Flow ResidualsVI. Conclusion; 4. Partial and Complete Stock-Flow Fixed Effects and Fiscal Transparency; Appendices; I. Summary Statistics and Data Sources; II. Flows, Transactions, Net Worth, and Debt in Fiscal Statistics; REFERENCES.
