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In particular, we make it a rule that the research underlying the Bank's macroeconometric model, to which outside researchers have access through the ESRC (Economic and Social Research Council) macromodelling bureau, should be adequately explained and documented in published form.
With the greatly increased use of electronic media for processing and storing data, data security became an important practical issue. While the short term benefit of such an approach may be somewhat smaller, we feel that without a thorough understanding of the fundamental issues and problems in data security there will never be secure systems.
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