This paper provides the method to calculate the nominal interest under significant inflation. The author argues that:whatever the real interest is positive or not, it should be recorded in the primary income distribut...This paper provides the method to calculate the nominal interest under significant inflation. The author argues that:whatever the real interest is positive or not, it should be recorded in the primary income distribution account, and the compensation for inflation should be treated as capital transfer.展开更多
Under conditions of high inflation,it is necessary to readjust the measurement and recording for interest.The 1993 SNA suggests apply the concept of real interest and a parallel treatment of interest.However,Andre Van...Under conditions of high inflation,it is necessary to readjust the measurement and recording for interest.The 1993 SNA suggests apply the concept of real interest and a parallel treatment of interest.However,Andre Vanoli and Peter Hill,two accounting specialists,propose different recommendations on this issue.This paper conducts a comparative analysis over these recommendations.展开更多
文摘This paper provides the method to calculate the nominal interest under significant inflation. The author argues that:whatever the real interest is positive or not, it should be recorded in the primary income distribution account, and the compensation for inflation should be treated as capital transfer.
文摘Under conditions of high inflation,it is necessary to readjust the measurement and recording for interest.The 1993 SNA suggests apply the concept of real interest and a parallel treatment of interest.However,Andre Vanoli and Peter Hill,two accounting specialists,propose different recommendations on this issue.This paper conducts a comparative analysis over these recommendations.
