This report provides an assessment of fiscal transparency practices in Greece in relation to the requirements of the IMF Code of Good Practices on Fiscal Transparency. The assessment reveals that Greece has made progress, in recent years, in meeting the requirements of the fiscal transparency...

In this paper we examine the quality of the initial estimates of headline GDP and 10 major components of both real and nominal U.S. GDP. We ask a number of questions about various characteristics of the differences between the initial estimates, available one month after the end of the quarter,...

Vintage-based vector autoregressive models of a single macroeconomic variable are shown to be a useful vehicle for obtaining forecasts of different maturities of future and past observations, including estimates of post-revision values. The forecasting performance of models which include...

This paper presents an update to the Report on the Observance of Standards and Codes (ROSC)—Fiscal Transparency Module for Greece. As noted in previous updates of the fiscal ROSC, much progress has been made in Greece since joining the European Union in separating government from...