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How to explain errors in budget balance forecasts in euro area countries? Empirical evidence based on real-time data
(17.06.2016)
Bank of Finland Research Discussion Papers 17/2016
Bank of Finland Research Discussion Papers 17/2016
The aim of this study is to explore budget planning in the euro area countries in 2004-2014. Our analyses are based on annual real-time data from the IMF World Economic Outlook publications. As forecasts made by different ...