Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/18359
Authors: 
Brück, Tilman
Stephan, Andreas
Year of Publication: 
2005
Series/Report no.: 
DIW Discussion Papers 508
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: 
E62
C53
C23
H87
H62
Document Type: 
Working Paper

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