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Benford’s Law and Macroeconomic Data Quality

Benford’s Law and Macroeconomic Data Quality »

Source: Benford's Law and Macroeconomic Data Quality

Volume/Issue: 2009/10

Series: IMF Working Papers

Author(s): Jesus Gonzalez-Garcia , and Gonzalo Pastor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2009

ISBN: 9781451871579

Keywords: Benford&;amp;#x2019;s law, first-digit phenomenon, data quality, data errors, data dissemination ROSC, statistics, observations, goodness of fit, survey,

This paper examines the usefulness of testing the conformity of macroeconomic data with Benford's law as indicator of data quality. Most of the macroeconomic data series tested conform with Benford's law. However,...

Benford's Law and Macroeconomic Data Quality

Benford's Law and Macroeconomic Data Quality »

Volume/Issue: 2009/10

Series: IMF Working Papers

Author(s): Jesus Gonzalez-Garcia , and Gonzalo Pastor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2009

DOI: http://dx.doi.org/10.5089/9781451871579.001

ISBN: 9781451871579

Keywords: Benford&;amp;#x2019;s law, first-digit phenomenon, data quality, data errors, data dissemination ROSC, statistics, observations, goodness of fit, survey,

This paper examines the usefulness of testing the conformity of macroeconomic data with Benford's law as indicator of data quality. Most of the macroeconomic data series tested conform with Benford's law. However,...