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Data Consistency in IMF Publications: Country Staff Reports Versus International Financial Statistics

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  • Mr. John Cady
  • Mr. Anthony J. Pellechio

Abstract

Data published in IMF country staff reports and International Financial Statistics (IFS) may differ for identical variables and, at times, users may be unaware of the reasons for these differences and lack the information needed to permit reconciliation. Such discrepancies stem principally from differences in the objectives of IMF country staff reports and their data requirements, on the one hand, and IFS, on the other. This paper presents the results of a study of the consistency of annual data on core statistical indicators required for Fund surveillance presented in the IMF's IFS and a sample of recently published Article IV consultation reports. The paper finds a significant incidence of apparent discrepancies for similarly defined variables.

Suggested Citation

  • Mr. John Cady & Mr. Anthony J. Pellechio, 2005. "Data Consistency in IMF Publications: Country Staff Reports Versus International Financial Statistics," IMF Working Papers 2005/046, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2005/046
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17999
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    References listed on IDEAS

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    1. Andrew Berg & Eduardo Borensztein & Catherine Pattillo, 2005. "Assessing Early Warning Systems: How Have They Worked in Practice?," IMF Staff Papers, Palgrave Macmillan, vol. 52(3), pages 1-5.
    2. Mrs. Carol S Carson & Mr. Sarmad Khawaja & Mr. Thomas K. Morrison, 2004. "Revisions Policy for Official Statistics: A Matter of Governance," IMF Working Papers 2004/087, International Monetary Fund.
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    Cited by:

    1. Dany Jaimovich & Ugo Panizza, 2010. "Public debt around the world: a new data set of central government debt," Applied Economics Letters, Taylor & Francis Journals, vol. 17(1), pages 19-24, January.
    2. Lino Briguglio & Gordon Cordina & Nadia Farrugia & Stephanie Vella, 2009. "Economic Vulnerability and Resilience: Concepts and Measurements," Oxford Development Studies, Taylor & Francis Journals, vol. 37(3), pages 229-247.
    3. Manasse, Paolo & Panizza, Ugo & Dos Reis, Laura, 2007. "Targeting the Structural Balance," IDB Publications (Working Papers) 1595, Inter-American Development Bank.
    4. George Rapsomanikis & Alexander Sarris, 2006. "The Impact of Domestic and International Commodity Price Volatility on Agricultural Income Instability: Ghana, Vietnam and Peru," WIDER Working Paper Series DP2006-04, World Institute for Development Economic Research (UNU-WIDER).

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