effective public finance management. Fiscal marksmanship analysis captures the extent of errors in the budgetary forecasting … fiscal forecasting errors for 28 states (except Telangana) in India for the period 2011-16. There is a heterogeneity in the … magnitude of errors across subnational governments in India. The forecast errors in revenue receipts have been greater than …

This paper analyses how firm-specific forecast errors derived from survey data of German manufacturing firms over 2007 …–2011 affect firms’ investment propensity. Understanding how forecast errors affect firm investment behaviour is key to mitigate … economic downturns during and after crisis periods in which forecast errors tend to increase. Our findings reveal a negative …

Session-specific features of a laboratory experiment, if those exist, do not disappear by clustering standard errors at … the standard errors at the session level. The experimental design should primarily determine the clustering level. In a … participant level is inherited from the experimental design, and standard errors could be larger (that is, statistical inference …

identification. The method is applicable to general nonlinear models with potentially nonclassical errors and does not rely on a …