The Measurement of Reinvested Earnings in the Balance of Payments

This paper notes that, for the first time, the concept and treatment of reinvested earnings in the Fund’s Balance of Payments Manual and the 1993 System of National Accounts are fully harmonized. The paper presents the conceptual basis for the measurement of reinvested earnings and illustrative exam...

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Bibliographic Details
Main Author: Bame, Jack
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a The Measurement of Reinvested Earnings in the Balance of Payments  |c Jack Bame 
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300 |a 20 pages 
653 |a General Aggregative Models: General 
653 |a Institutional Investors 
653 |a Investments, Foreign 
653 |a Income 
653 |a Stocks 
653 |a Pension Funds 
653 |a Finance 
653 |a Labour; income economics 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Financial Instruments 
653 |a Long-term Capital Movements 
653 |a Exports and Imports 
653 |a Aggregate Factor Income Distribution 
653 |a Multinational Firms 
653 |a National accounts 
653 |a National income 
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653 |a Non-bank Financial Institutions 
653 |a Investments: Stocks 
653 |a Economic Methodology 
653 |a International Business 
653 |a Macroeconomics 
653 |a Wages 
653 |a Investment & securities 
653 |a International Economics: General 
653 |a Foreign direct investment 
653 |a International Investment 
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520 |a This paper notes that, for the first time, the concept and treatment of reinvested earnings in the Fund’s Balance of Payments Manual and the 1993 System of National Accounts are fully harmonized. The paper presents the conceptual basis for the measurement of reinvested earnings and illustrative examples as to recording, from the Fund’s Balance of Payments Compilation Guide and Balance of Payments Textbook. Highlighted are the recommended time of recording of reinvested earnings, the calculation of earnings on a current operating basis, and the calculation of depreciation at replacement cost, notwithstanding possible practical difficulties in implementation