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http://www.scirp.org/journal/PaperInformation.aspx?PaperID=45292#.VL33kSzQrzE
ABSTRACT
The
analysis of economic policy is made through a new methodology using the
information provided by businesses to the Bank of Spain. The financial
statements are the result of economic and financial transactions in a
year and show a behavior that is likely to be measured by applying the
Edgeworth’s box for analysis. This means that it is possible to measure
the response of firms against market disruptions through an accounting
interpretation of the information contained in the financial statements.
The indicators obtained through this methodology measure a position
taken in the Edgeworth’s box. Consequently, the observations obtained
are random and therefore may explain the evolution of the economy of any
country.
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References
Benedito, M. (2014) Accounting Analysis of Economic Policy of Spain (2012). Theoretical Economics Letters, 4, 254-261. doi: 10.4236/tel.2014.43035.
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