The track record of fiscal forecasting in the EU
We study the deviations between the budget balance ratio forecasts and outcomes in the European Commission semiannual vintage forecasts for the period 1998-2011. Our main conclusions are: i) there is evidence that the deviations of real GDP and inflation can explain the deviations of the budget bala...
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Format: | article |
Language: | eng |
Published: |
2022
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Online Access: | http://hdl.handle.net/10400.5/25555 |
Country: | Portugal |
Oai: | oai:www.repository.utl.pt:10400.5/25555 |