This paper analyzes two features of concern to policy-makers in the countries of the prospective European Monetary Union: the solvency of their government's finances and the accuracy of fiscal forecasts. Extending the existing methodology of solvency tests, the paper finds that, with few...

Strongly periodic series occur frequently in many disciplines. This paper reviews one specific approach to analyzing such series viz. the harmonic regression approach. In this paper the five major methods suggested under this approach are critically reviewed and compared, and their empirical...