How Do Canadian Budget Forecasts Compare with Those of Other Industrial Countries? /

This paper compares Canadian central government budget forecasting with forecasting by other industrial countries. While fiscal forecasting in Canada is governed by one of the strongest institutional frameworks, quantitative analysis suggests that budget projections of macroeconomic and fiscal aggre...

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Xehetasun bibliografikoak
Egile nagusia: Muhleisen, Martin
Beste egile batzuk: Danninger, Stephan, Hauner, David, Krajnyak, Kornelia
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2005.
Saila:IMF Working Papers; Working Paper ; No. 2005/066
Sarrera elektronikoa:Full text available on IMF
Deskribapena
Gaia:This paper compares Canadian central government budget forecasting with forecasting by other industrial countries. While fiscal forecasting in Canada is governed by one of the strongest institutional frameworks, quantitative analysis suggests that budget projections of macroeconomic and fiscal aggregates have been more cautious than in other countries since the mid-1990s. The relatively volatile macroeconomic environment as well as institutional factors, such as Canada's asymmetric deficit target, have likely contributed to this outcome.
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Deskribapen fisikoa:1 online resource (49 pages)
Formatua:Mode of access: Internet
ISSN:1018-5941
Sartu:Electronic access restricted to authorized BRAC University faculty, staff and students