Motivation: Statistics Netherlands recently implemented new statistical sources and estimation methods in their regional accounts data, impacting compensation (see related article).
Response: For our quarterly estimates of compensation of employees for Netherlands, we have synchronized to match the source.
What you will see: All periods revised, from 1995Q1 for all variants (NCU-, euro-, and dollar-valued). Properties are otherwise unchanged.
The estimates reside in the historical catalog (Netherlands » National Accounts » by Income » Moody's Analytics Estimated) and include, for example:
- RYPEWQ.INLD_ZNDL = Compensation of employees - Total, (Mil. EUR, SAAR) - for NUTS 1 Zuid-Nederland
- RYPEWEURQ.INLD_FL = in Mil. EUR - for NUTS 2 Flevoland
- RYPEWUSDQ.INLD_OZH = in Mil. USD - for NUTS 3 Oost-Zuid-Holland
Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.
Please be aware that
We produce three sets of estimates for compensation: national currency, euros, and U.S. dollars. Even if the first two are identical (because the country is part of the euro zone), we produce both series for cross-national consistency.
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