The ADB COVID-19 Policy Database: A Guide to Understanding Changes in Sectoral Balances and Private Sector Financial Positions in 2020

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
J. Felipe, Scott T. Fullwiler, Al-Habbyel Yusoph
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引用次数: 0

Abstract

The Asian Development Bank COVID-19 Policy Database recently added an entry on sector financial balances (SFBs). This addition to the policy database provides information for 35 economies on the financial positions of the private sector, government sector, and the rest of the world, which by construction add up to 0. Data used to calculate SFBs are obtained directly from flow-of-funds accounts. When this source is not available, we obtain data from the national accounts. We use SFBs to understand why the private sector balance moved into a large surplus in 2020. We argue that this surplus is a mirror image of the fiscal deficit.
亚洲开发银行新冠肺炎政策数据库:了解2020年部门平衡和私营部门财务状况变化的指南
亚洲开发银行新冠肺炎政策数据库最近增加了部门财务余额(SFB)条目。这一政策数据库的新增内容为35个经济体提供了私营部门、政府部门和世界其他地区的财务状况信息,按建筑业计算,这些信息加起来为0。用于计算SFB的数据直接从资金流动账户中获得。当没有这一来源时,我们从国民账户中获取数据。我们使用SFB来理解为什么私营部门的收支在2020年出现了巨大盈余。我们认为,这个盈余是财政赤字的镜像。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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