By Chris Wright of the Bank’s Monetary and Financial Statistics Division.
The following article examines a current international debate which could affect the way in which some important macroeconomic statistics are measured. The article is based on a longer paper, commissioned last year by the International Monetary Fund as a contribution to the evolution of international statistical standards. The views expressed here are those of the author and do not necessarily reflect those of either the Bank or the IMF.
Measuring interest accruals on tradable debt securities in economic and financial statistics