External Assumptions, the International Environment and the Track Record of the Commission Forecasts

External Assumptions, the International Environment and the Track Record of the Commission Forecasts
Author: Filip Keereman
Publisher:
Total Pages: 92
Release: 2003
Genre: Economic forecasting
ISBN:

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While in the Commission Forecasts interest rates, exchange rates or oil prices are treated more like assumptions, it is interesting to test their realism. It appears that these variables are formulated in a reasonably accurate way and that in general alternative assumptions would not improve the picture.

Fiscal Expectations Under the Stability and Growth Pact

Fiscal Expectations Under the Stability and Growth Pact
Author: Mr.Marcos Poplawski-Ribeiro
Publisher: International Monetary Fund
Total Pages: 42
Release: 2011-03-01
Genre: Business & Economics
ISBN: 1455218944

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The paper uses survey data to analyze whether financial market expectations on government budget deficits changed in France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings indicate that accuracy of financial expert deficit forecasts increased in France. Convergence between the European Commission's and market experts’ deficit forecasts also increased in France, Italy, and the United Kingdom, particularly during the period after SGP’s reform in 2005. Yet, convergence between markets’ forecasts and those of the French, German, and Italian national fiscal authorities seems not to have increased significantly during the SGP.

ECB Vs Council Vs Commission

ECB Vs Council Vs Commission
Author: Fabio Balboni
Publisher:
Total Pages: 50
Release: 2007
Genre: Fiscal policy
ISBN:

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Recoge: 1. Introduction - 2.A simple model - 3. The Nash equilibrium - 4. Systematic misperceptions on the side of the fiscal authority - 5. Stackelberg equilibrium - 6. Conclusions.

European "education Production Functions"

European
Author: Ludger Woessmann
Publisher:
Total Pages: 96
Release: 2003
Genre: Academic achievement
ISBN:

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This paper estimates the effects of family background, resources, and institutions on student performance in 17 Western European school systems.

The Dynamics of Regional Inequalities

The Dynamics of Regional Inequalities
Author: Salvador Barrios
Publisher:
Total Pages: 56
Release: 2005
Genre: European Economic Community countries
ISBN:

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Proceedings of the 2004 First Annual DG ECFIN Research Conference on "Business Cycles and Growth in Europe"

Proceedings of the 2004 First Annual DG ECFIN Research Conference on
Author: Lars Jonung
Publisher:
Total Pages: 284
Release: 2005
Genre: Business cycles
ISBN:

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In October 2004, the Directorate General for Economic and Financial Affairs (ECFIN) held its first annual research conference. Its theme was "Business Cycles and Growth in Europe". The thirteen papers presented are collected here in revised form in two volumes as Economic Paper number 227, 1/2 and 2/2. Some of the contributions are followed by comments made by the discussants.