Improving fiscal policy in the EU : the case for independent forecasts /
The evidence from several euro-area countries demonstrates the existence of a forecast bias in the budgetary process, which negatively affects fiscal performance. To remedy this bias, we suggest that forecasting should be assigned to an authority independent from the ministry of finance and the gove...
Κύριος συγγραφέας: | Jonung, Lars. |
---|---|
Corporate συγγραφέας: | European Commission : Directorate-General for Economic and Financial Affairs. |
Άλλοι συγγραφείς: | Larch, Martin. |
Μορφή: | Βιβλίο |
Γλώσσα: | Greek English |
Στοιχεία έκδοσης: |
Brussels ; Belgium :
European Commission: Directorate-General for Economic and Financial Affairs,
2004
|
Σειρά: |
European Economy. Economic papers ;
210 |
Διαθέσιμο Online: |
http://ec.europa.eu/economy_finance/publications/publication_summary650_en.htm |
Ετικέτες: |
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100 | 1 | |a Jonung, Lars. | |
245 | 1 | 0 | |a Improving fiscal policy in the EU : |b the case for independent forecasts / |c Lars Jonung, Martin Larch |
260 | |a Brussels ; |a Belgium : |b European Commission: Directorate-General for Economic and Financial Affairs, |c 2004 | ||
300 | |a 26 σ. ; |c 30 εκ. | ||
500 | |a Internal paper | ||
520 | 0 | |a The evidence from several euro-area countries demonstrates the existence of a forecast bias in the budgetary process, which negatively affects fiscal performance. To remedy this bias, we suggest that forecasting should be assigned to an authority independent from the ministry of finance and the government, with the task of producing unbiased projections of growth and other variables crucial for the budgetary process. | |
580 | |a Economic Papers | ||
700 | 1 | |a Larch, Martin. | |
710 | 2 | |a European Commission : Directorate-General for Economic and Financial Affairs. | |
773 | 0 | |a Economic papers |g August 2004, No 210 | |
830 | |a European Economy. Economic papers ; |v 210 | ||
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