Elusive counter-cyclicality and deliberate opportunism? Fiscal policy from plans to final outcomes

Drawing on the European Commission’s Autumn forecasts, I estimate fiscal reaction functions with four different information sets, ranging from budget plans to final outcomes. I also analyse deviations from plans during budget implementation. In a panel of 15 EU countries from 1987 to 2006, moving fr...

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Bibliographic Details
Main Author: Pina, Álvaro M. (author)
Format: workingPaper
Language:eng
Published: 2022
Subjects:
Fiscal Policy
Real-Time Data
Revenue
Expenditure
Cyclicality
Elections
Online Access:http://hdl.handle.net/10400.5/23766
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/23766

Internet

http://hdl.handle.net/10400.5/23766

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