Statistics and the crisis: what can be
learned?
December 14, 2009
Jan Marc Berk
Director Statistics & Information
De Nederlandsche Bank
Outline
Measuring the business cycle
Preliminary
Could better statistics have prevented the crisis?
What can NSOs learn from the crisis?
 Importance of flexible and timely statistics;
 Opening up the data vault;
 Importance of cooperation between NSOs, CBs and
supervisors.
Concluding remarks
Outline
Measuring the business cycle
Preliminary
Could better statistics have prevented the crisis?
What can NSOs learn from the crisis?
 Importance of flexible and timely statistics;
 Opening up the data vault;
 Importance of cooperation between NSOs, CBs and
supervisors.
Concluding remarks
Outline
Measuring the business cycle
Preliminary
Could better statistics have prevented the crisis?
What can NSOs learn from the crisis?
 Importance of flexible and timely statistics;
 Opening up the data vault;
 Importance of cooperation between NSOs, CBs and
supervisors.
Concluding remarks
Outline
Measuring the business cycle
Preliminary
Could better statistics have prevented the crisis?
What can NSOs learn from the crisis?
 Importance of flexible and timely statistics;
 Opening up the data vault;
 Importance of cooperation between NSOs, CBs and
supervisors.
Concluding remarks
Outline
Measuring the business cycle
Preliminary
Could better statistics have prevented the crisis?
What can NSOs learn from the crisis?
 Importance of flexible and timely statistics;
 Opening up the data vault;
 Importance of cooperation between NSOs, CBs and
supervisors.
Concluding remarks
Outline
Measuring the business cycle
Preliminary
Could better statistics have prevented the crisis?
What can NSOs learn from the crisis?
 Importance of flexible and timely statistics;
 Opening up the data vault;
 Importance of cooperation between NSOs, CBs and
supervisors.
Concluding remarks