Do Eurozone Countries Cheat with their Budget Deficit Forecasts?

We estimate the political economy determinants of budget deficit forecast errors. Since the adoption of the Stability Pact, Eurozone governments have manipulated forecasts before elections. The political orientation and the institutional design of governments also affects the quality of forecasts.

MoreLess

Year of publication:	2005
Authors:	Brück, Tilman ; Stephan, Andreas
Publisher:	Berlin : Deutsches Institut für Wirtschaftsforschung (DIW)
Subject:	Haushaltsdefizit \| Prognose \| Staatliche Information \| Politischer Konjunkturzyklus \| EU-Stabilitätspakt \| Deutschland \| fiscal policy \| budget deficit \| forecast error \| electoral cycles

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Series:	DIW Discussion Papers ; 508
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	499711858 [GVK] hdl:10419/18359 [Handle] RePEc:diw:diwwpp:dp508 [RePEc]
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; C53 - Forecasting and Other Model Applications ; C23 - Models with Panel Data ; H87 - International Fiscal Issues ; H62 - Deficit; Surplus
Source:	EconStor

Persistent link: https://www.econbiz.de/10010260865