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Quarterly GDP Revisions in G-20 Countries Evidence from the 2008 Financial Crisis

This paper presents a statistical analysis of revisions in quarterly gross domestic product (GDP) of the Group of Twenty countries (G-20) since 2000. The main objective is to assess whether the reliability of early estimates of quarterly GDP has been weakened from the turmoil of the 2008 financial c...

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Bibliographic Details
Main Author: Shrestha, Manik
Other Authors: Marini, Marco
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Working Papers
Subjects:
Economic & Financial Crises & Disasters
Business Cycles
General Aggregative Models: General
Data Access
Financial Crises
Methodology For Collecting, Estimating, And Organizing Macroeconomic Data
National Accounts
National Income
Global Financial Crisis, 2008-2009
Cycles
Global Financial Crisis Of 2008-2009
Economic Growth
Macroeconomics
Business Fluctuations
Prices, Business Fluctuations, And Cycles: General (includes Measurement And Data)
United Kingdom
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper presents a statistical analysis of revisions in quarterly gross domestic product (GDP) of the Group of Twenty countries (G-20) since 2000. The main objective is to assess whether the reliability of early estimates of quarterly GDP has been weakened from the turmoil of the 2008 financial crisis. The results indicate that larger and more downward revisions were observed during the years 2008 and 2009 than in previous years
Physical Description:43 pages
ISBN:9781475557398

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