If necessary, the available set of statistics must be promptly and regularly updated in the face of rapid financial innovation and broader structural change. Simultaneously, there is a need for sufficiently long time series without statistical breaks. This points to the opportunity of a more frequent and intensive recourse to micro-databases.
Micro-information, such as information on individual securities, individual loans or individual statistical units, such as household income and wealth surveys, may be aggregated in multiple ways to statistical outputs depending on the questions under consideration. This allows both a continuity of the standard statistics and a timely statistical response to new and unexpected policy issues.