A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments:
As part of its Borrowing Outlook, the OECD estimates gross short- term government borrowing requirements. The article concludes that all methods for measuring short-term borrowing needs studied here - except one - provide either significantly underestimated or substantially overestimated measures. T...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | , |
| Format: | Electronic Book Chapter |
| Language: | English |
| Published: |
Paris
OECD Publishing
2010
|
| Subjects: | |
| Links: | https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |
| Summary: | As part of its Borrowing Outlook, the OECD estimates gross short- term government borrowing requirements. The article concludes that all methods for measuring short-term borrowing needs studied here - except one - provide either significantly underestimated or substantially overestimated measures. The article therefore suggests adopting the following measure: Gross Short-Term Marketable Borrowing Requirements is equal to Net Short-Term Borrowing Requirements plus the outstanding amount of the stock of short-term instruments. This new measure (referred to as Method 2 in the study) yields, in principle, meaningful estimates, comparable across different countries. JEL Classification: G15, G18, H63, H68. Keywords: measuring gross short-term borrowing requirements, debt |
| Physical Description: | 1 Online-Ressource (9 Seiten) 19 x 27cm |
| DOI: | 10.1787/fmt-2010-5km7k9tnz6hd |
Staff View
MARC
| LEADER | 00000naa a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047939498 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220413s2010 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1787/fmt-2010-5km7k9tnz6hd |2 doi | |
| 035 | |a (ZDB-13-SOC)061270687 | ||
| 035 | |a (DE-599)BVBBV047939498 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
| 100 | 1 | |a Blommestein, Hans J... |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments |c Hans J. Blommestein, Ove Sten Jensen and Thomas Olofsson |
| 264 | 1 | |a Paris |b OECD Publishing |c 2010 | |
| 300 | |a 1 Online-Ressource (9 Seiten) |c 19 x 27cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 520 | |a As part of its Borrowing Outlook, the OECD estimates gross short- term government borrowing requirements. The article concludes that all methods for measuring short-term borrowing needs studied here - except one - provide either significantly underestimated or substantially overestimated measures. The article therefore suggests adopting the following measure: Gross Short-Term Marketable Borrowing Requirements is equal to Net Short-Term Borrowing Requirements plus the outstanding amount of the stock of short-term instruments. This new measure (referred to as Method 2 in the study) yields, in principle, meaningful estimates, comparable across different countries. JEL Classification: G15, G18, H63, H68. Keywords: measuring gross short-term borrowing requirements, debt | ||
| 650 | 4 | |a Finance and Investment | |
| 700 | 1 | |a Jensen, Ove Sten |4 ctb | |
| 700 | 1 | |a Olofsson, Thomas |4 ctb | |
| 856 | 4 | 0 | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ebook | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033320992 | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-384 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-473 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-824 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-29 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-739 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-355 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-20 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-1028 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-1049 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-521 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-861 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-898 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-92 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-91 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-573 |p ZDB-13-SOC |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |l DE-19 |p ZDB-13-SOC |x Verlag |3 Volltext | |
Record in the Search Index
| _version_ | 1818989090110963712 |
|---|---|
| any_adam_object | |
| author | Blommestein, Hans J.. |
| author2 | Jensen, Ove Sten Olofsson, Thomas |
| author2_role | ctb ctb |
| author2_variant | o s j os osj t o to |
| author_facet | Blommestein, Hans J.. Jensen, Ove Sten Olofsson, Thomas |
| author_role | aut |
| author_sort | Blommestein, Hans J.. |
| author_variant | h j b hj hjb |
| building | Verbundindex |
| bvnumber | BV047939498 |
| collection | ebook |
| ctrlnum | (ZDB-13-SOC)061270687 (DE-599)BVBBV047939498 |
| doi_str_mv | 10.1787/fmt-2010-5km7k9tnz6hd |
| format | Electronic Book Chapter |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03639naa a2200517zc 4500</leader><controlfield tag="001">BV047939498</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2010 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061270687</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047939498</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Blommestein, Hans J...</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments</subfield><subfield code="c">Hans J. Blommestein, Ove Sten Jensen and Thomas Olofsson</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2010</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (9 Seiten)</subfield><subfield code="c">19 x 27cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">As part of its Borrowing Outlook, the OECD estimates gross short- term government borrowing requirements. The article concludes that all methods for measuring short-term borrowing needs studied here - except one - provide either significantly underestimated or substantially overestimated measures. The article therefore suggests adopting the following measure: Gross Short-Term Marketable Borrowing Requirements is equal to Net Short-Term Borrowing Requirements plus the outstanding amount of the stock of short-term instruments. This new measure (referred to as Method 2 in the study) yields, in principle, meaningful estimates, comparable across different countries. JEL Classification: G15, G18, H63, H68. Keywords: measuring gross short-term borrowing requirements, debt</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance and Investment</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Jensen, Ove Sten</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Olofsson, Thomas</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ebook</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033320992</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-384</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-473</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-824</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-29</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-739</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-355</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-20</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-1028</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-1049</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-521</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-861</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-898</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-92</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-91</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-573</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd</subfield><subfield code="l">DE-19</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV047939498 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:32:57Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033320992 |
| open_access_boolean | |
| owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| physical | 1 Online-Ressource (9 Seiten) 19 x 27cm |
| psigel | ebook ZDB-13-SOC |
| publishDate | 2010 |
| publishDateSearch | 2010 |
| publishDateSort | 2010 |
| publisher | OECD Publishing |
| record_format | marc |
| spelling | Blommestein, Hans J... Verfasser aut A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments Hans J. Blommestein, Ove Sten Jensen and Thomas Olofsson Paris OECD Publishing 2010 1 Online-Ressource (9 Seiten) 19 x 27cm txt rdacontent c rdamedia cr rdacarrier As part of its Borrowing Outlook, the OECD estimates gross short- term government borrowing requirements. The article concludes that all methods for measuring short-term borrowing needs studied here - except one - provide either significantly underestimated or substantially overestimated measures. The article therefore suggests adopting the following measure: Gross Short-Term Marketable Borrowing Requirements is equal to Net Short-Term Borrowing Requirements plus the outstanding amount of the stock of short-term instruments. This new measure (referred to as Method 2 in the study) yields, in principle, meaningful estimates, comparable across different countries. JEL Classification: G15, G18, H63, H68. Keywords: measuring gross short-term borrowing requirements, debt Finance and Investment Jensen, Ove Sten ctb Olofsson, Thomas ctb https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Blommestein, Hans J.. A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments Finance and Investment |
| title | A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments |
| title_auth | A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments |
| title_exact_search | A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments |
| title_full | A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments Hans J. Blommestein, Ove Sten Jensen and Thomas Olofsson |
| title_fullStr | A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments Hans J. Blommestein, Ove Sten Jensen and Thomas Olofsson |
| title_full_unstemmed | A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments Hans J. Blommestein, Ove Sten Jensen and Thomas Olofsson |
| title_short | A Suggested New Approach to the Measurement and Reporting of Gross Short- Term Borrowing Operations by Governments |
| title_sort | a suggested new approach to the measurement and reporting of gross short term borrowing operations by governments |
| topic | Finance and Investment |
| topic_facet | Finance and Investment |
| url | https://doi.org/10.1787/fmt-2010-5km7k9tnz6hd |
| work_keys_str_mv | AT blommesteinhansj asuggestednewapproachtothemeasurementandreportingofgrossshorttermborrowingoperationsbygovernments AT jensenovesten asuggestednewapproachtothemeasurementandreportingofgrossshorttermborrowingoperationsbygovernments AT olofssonthomas asuggestednewapproachtothemeasurementandreportingofgrossshorttermborrowingoperationsbygovernments |