Denmark’s Bernstein explains new investment income estimation method
Nils Bernstein, the governor of the National Bank of Denmark, on Thursday discussed the National Bank of Denmark's new method for estimating the direct investment income component of the balance of payments.
"This item has often been significantly revised, which has generated uncertainty about the preliminary current-account balance. Other countries are struggling with the same problem," Bernstein said. "The novelty is that the compilation method now includes data on the expected economic
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