The political economy of EDP fiscal forecasts: an empirical assessment

This paper analyses the track record of fiscal forecasts reported by 15 European countries in the context of the Excessive Deficit Procedure. For the budget balance, gross fixed capital formation (GFCF) and interest payments, we study the statistical properties of forecast errors and their politico-...

Full description

Bibliographic Details
Main Author: Pina, Álvaro (author)
Other Authors: Venes, Nuno (author)
Format: workingPaper
Language:eng
Published: 2010
Subjects:
Fiscal Forecasting
Stability and Growth Pact
Excessive Deficit Procedure
Fiscal Rules
Online Access:http://hdl.handle.net/10400.5/2592
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/2592

Internet

http://hdl.handle.net/10400.5/2592

Similar Items