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Using official statistics in government analysis

Using official statistics in government analysis. The requirements of official statistics. Reliable Timely Comparable Over time Between countries. Reliability – labour market statistics (1). Reliability – labour market statistics (2). What should the producers of statistics do?

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Using official statistics in government analysis

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  1. Using official statistics in government analysis

  2. The requirements of official statistics • Reliable • Timely • Comparable • Over time • Between countries

  3. Reliability – labour market statistics (1)

  4. Reliability – labour market statistics (2) • What should the producers of statistics do? • Document the reasons for the different developments • Help interpret the different developments

  5. Timeliness (1) • Fast statistics is desirable • There is a trade off between fast and accurate statistics • Slow statistics may be better than fast statistic with large revisions

  6. Timeliness (2)

  7. Comparability between countries • Will make benchmarking easier • Data not always comparable today • Key objective of international institutions in the future • United Nations • Eurostat

  8. Capital stock as percentage of GDP

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