Reconciliation
From Open Risk Manual
Definition
Reconciliation. The process of comparing two sets of estimates, explaining the differences, and selecting the better estimate. For the benchmark I-O accounts, the initial I-O estimates of final uses are reconciled with the NIPA estimates of final expenditures.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
