Abstract:<p>Transparency about measurement errors in macroeconomic statistics is lacking. Inaccuracy is usually acknowledged only during extraordinary situations or under specific policy demands. Despite advances in technology and methodology, the overall accuracy has not improved due to economic changes and new complex activities. Even striking historical efforts did not change the persistence of substantial inaccuracies and biases. While the pioneers of national accounting addressed inaccuracies by using multip… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.