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

28 Pages Posted: 10 Jan 2006

See all articles by Anthony J. Pellechio

Anthony J. Pellechio

International Monetary Fund (IMF) - Statistics Department; National Bureau of Economic Research (NBER)

John Cady

International Monetary Fund (IMF) - Statistics Department

Date Written: March 2005

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.

Keywords: International Financial Statistics

JEL Classification: C82, E01, F30

Suggested Citation

Pellechio, Anthony J. and Cady, John, Data Consistency in IMF Publications: Country Staff Reports Versus International Financial Statistics (March 2005). IMF Working Paper No. 05/46, Available at SSRN: https://ssrn.com/abstract=874268

Anthony J. Pellechio (Contact Author)

International Monetary Fund (IMF) - Statistics Department ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

John Cady

International Monetary Fund (IMF) - Statistics Department ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

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