Under inflation, national accounts at current as well as at constant prices will be seriously distorted unless special adjustment techniques are applied. By explaining these systematically, this book brings new insights into the measurement of income as well as the calculation of indices.Nominal and real holding gains or losses Balance sheets record the values of stocks of assets and liabilities at particular moments of time. The changes between the values of the assets and liabilities shown in the opening and closing balanceanbsp;...
|Title||:||Inflation Accounting A Manual on National Accounting Under Conditions of High Inflation|
|Publisher||:||OECD Publishing - 2003-08-19|