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THE ROLE OF FINANCIAL ACCOUNTS *
Author(s) -
Dorrance Graeme S.
Publication year - 1969
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1969.tb00803.x
Subject(s) - balance sheet , market liquidity , economics , balance (ability) , financial sector , finance , financial innovation , monetary policy , set (abstract data type) , national accounts , macroeconomics , medicine , computer science , physical medicine and rehabilitation , programming language
This paper reviews some of the ideas that have been expressed regarding the development of national financial accounts. It concludes that a consensus is emerging that a set of sector financing statements and balance sheets, based on a monetary survey and incorporating liquidity criteria, can contribute to the understanding of the operation of an economy.