Hadzi-Vaskov, Metodij; Ricci, Luca Antonio; Werner, … - In: Economia : journal of the Latin American and Caribbean … 22 (2023) 1, pp. 135-152
of the following years, to understand the evolution of fiscal forecast errors. Our findings suggest that: (i) there is no … for some countries and worsened for others; (iii) forecast errors for the fiscal balance-to-GDP ratio are positively … errors for public debt-to-GDP ratios are negatively associated with surprises to GDP growth; and (v), budget balance rules …