Ley, Eduardo; Misch, Florian - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
This paper considers the effects of inaccurate real-time output data on fiscal policy, both with respect to budgetary … revised and are likely to conflict with final figures that are only released some years later. By contrast, fiscal policy is … between output data revisions and fiscal policy and combines it with a newly compiled dataset from the International Monetary …