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La mesure de la production bancaire dans les comptes nationaux

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  • Robert Inklaar

Abstract

The measurement of the output of banks in current and constant prices as part of the National Accounts is a contentious topic, partly related to the conventions of the System of National Accounts. This paper provides an introduction to this topic and highlights the points of contention. Results from recent studies are presented that argue how bank output at current prices is overstated in the National Accounts, while real growth in Europe is biased relative to the United States, making cross-country growth comparisons hard to rely on. Classification JEL: C82, E01, E44, O47.

Suggested Citation

  • Robert Inklaar, 2012. "La mesure de la production bancaire dans les comptes nationaux," Revue d'économie financière, Association d'économie financière, vol. 0(2), pages 111-124.
  • Handle: RePEc:cai:refaef:ecofi_106_0111
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    JEL classification:

    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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