Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/22102
Authors: 
Stephan, Andreas
Brück, Tilman
Year of Publication: 
2005
Series/Report no.: 
The Postgraduate Research Programme working paper series / Europa-Universität Viadrina Frankfurt (Oder), Graduiertenkolleg "Kapitalmärkte und Finanzwirtschaft im erweiterten Europa" 2005,5
Abstract: 
We estimate the political economy determinants of budget deficit forecast errors. Since the adoption of the Stability Pact, Eurozone governments have manipulated forecasts before elections. The political orientation and the institutional design of governments also affects the quality of forecasts.
Subjects: 
fiscal policy
budget deficit
forecast error
electoral cycles
JEL: 
H87
E62
C23
H62
C53
Document Type: 
Working Paper

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