The fiscal forecasting track record of the European Commission and Portugal

This study aims at explaining the deviation between the budget balance ratio forecasts and the outcomes in the Portuguese official forecasts and in the European Commission (EC) vintage forecasts. Therefore, we used data from the EC for the period 1969-2011 and also the Portuguese official forecasts...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Silva, Jorge (author)
Format: workingPaper
Language:eng
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10400.5/4887
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/4887