Proceedings of the IFC Conference on "Challenges to Central Bank Statistical Activities", Basel, August 2002

Proceedings of the IFC Conference on "Challenges to Central Bank Statistical Activities", Basel, August 2002

IFC Bulletin | No 13 |

01 December 2002

| 215 pages

	page
Events	5
54th ISI Session, Berlin, 2003	5
Preliminary Programme	6

Proceedings	9

Session 3
Issues Note Carol Carson	11
The Economist's experience of central bank statistics - A user's view Marianne Comparet	12
A shroud of secrecy Steve Hanke	14
High Frequency Data - an essential resource Richard Olsen	16
Recapitulation Carol Carson	17

Session 4
Issues Paper Richard D Porter	19
A tool for quality control of time series data: Program TERROR Agustín Maravall and Gianluca Caporello	22
Cassandra and the Sirens: Economic forecasting in emerging Economies John Hawkins	36
Forecasting Swiss inflation with a structural macromodel: The role of technical progress and the "Mortgage rate - Housing rent" link Peter Stalder	46
The NAIRU in Israel: an unobserved components approach Tanya Suchoy and Amit Friedman	72
Forecasts of economic indicators for monetary policy in India: an assessment R B Barman	92
Efficiency of banks in Croatia: a DEA approach Igor Jemrić and Boris Vujčić	106
Discussion comments	121

Session 5
Discussion note Paul Van den Bergh	127
Statistical improvement and harmonisation for the West African Monetary Institute Richard Walton and R D Asante	130
Summary of the discussion	133

Workshop A
Issues Paper Kenneth Coates	135
Central bank data challenges: an Antipodean perspective Clive Thorp	137
Experiences and problems in developing a balance of payments statistics data base in Bosnia and Herzegovina Danica Lučić	145
Sample survey design and maintenance: a new challenge to central bank statistical activities? Paola Battipaglia	148
Selective editing to increase efficiency in survey data processing - An application to the Bank of Italy's Business Survey on Industrial Firms Paola Battipaglia	149
A financial information system for India: data warehousing approach R B Barman and A K Nag	155
Common open standards for the exchange and sharing of socio-economic data and metadata: the SDMX Initiative Paul van den Bergh	166
Discussion comments	172

Workshop B
The central bank of Tunisia statistics: methodology and compilation Rekaya Ben Youssef	175
The Centralised Securities Database Jean-Marc Israël	177
The mission of central bank statistics in the development of the information infrastructure in an open market-driven economy Józef Oleński	188
Cooperation between central bank and national statistical office as prerequisite of statistics development in transitional economies (Russia as a case study) Ekaterina Prokounina	197
Outsourcing central bank operational tasks to a national statistical office - the Swedish case study Jan Schüllerqvist, Tore Melin and Anders Norrlid	202
Steps toward international comparability in general economic statistics Richard Walton and Andrew Kanutin	206
Challenges facing a monetary union in cooperation in statistical activities: the case of the Eastern Caribbean Currency Union Gale Archibald	212
The role of Eurostat in the exchange of statistical knowledge between statistical offices and central banks: the CMFB experience Bart Meganck	213

The views expressed in this publication are those of the authors and do not necessarily represent the official views of the Committee, its members or the BIS.