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It's high time the integrity of economic statistics is seriously safeguarded. CEPS Commentaries, 28 April 2010

Giovannini, Alberto. (2010) It's high time the integrity of economic statistics is seriously safeguarded. CEPS Commentaries, 28 April 2010. [Policy Paper]

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    Abstract

    Once upon a time, official economic statistics were largely the work implements of economists, econometricians and government officials. Today they are first and foremost fodder for the financial markets, that is, for mass consumption: they move prices and have the same if not an even bigger market impact as corporate information releases. As a consequence, this commentary by Alberto Giovannini argues that there should be a regime that constrains public sector data releases and subjects them to the highest standards, with the explicit view of protecting investors and market integrity.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on and consequences/reforms
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 11 Aug 2010
    Page Range: p. 2
    Last Modified: 15 Feb 2011 18:34
    URI: http://aei.pitt.edu/id/eprint/14505

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