Independent Fiscal Councils Recent Trends and Performance is popular PDF and ePub book, written by Mr.Roel M. W. J. Beetsma in 2018-03-23, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Independent Fiscal Councils Recent Trends and Performance can be Read Online from any device for your convenience.
Independent Fiscal Councils Recent Trends and Performance Book PDF Summary
Countries increasingly rely on independent fiscal councils to constrain policymakers’ discretion and curb the bias towards excessive deficits and pro-cyclical policies. Since fiscal councils are often recent and heterogeneous across countries, assessing their impact is challenging. Using the latest (2016) vintage of the IMF Fiscal Council Dataset, we focus on two tasks expected to strengthen fiscal performance: the preparation or assessment of forecasts, and the monitoring of compliance with fiscal rules. Tentative econometric evidence suggests that the presence of a fiscal council is associated with more accurate and less optimistic fiscal forecasts, as well as greater compliance with fiscal rules.
Detail Book of Independent Fiscal Councils Recent Trends and Performance PDF
- Author : Mr.Roel M. W. J. Beetsma
- Release : 23 March 2018
- Publisher : International Monetary Fund
- ISBN : 9781484348284
- Genre : Business & Economics
- Total Page : 28 pages
- Language : English
- PDF File Size : 7,6 Mb
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