| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1864 |
| DP1864 Interventions Versus Customer Transactions: An Alternative Test of the Signalling Hypothesis | |
| Andreas Fischer; Mathias Zurlinden | |
| 发表日期 | 1998-04-30 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | This paper analyses two features of concern to policy-makers in the countries of the prospective European Monetary Union: the solvency of their government?s finances; and the accuracy of fiscal forecasts. Extending the existing methodology of solvency tests, the paper finds that, with few exceptions, EU governments are insolvent, albeit debt/GDP ratios show signs of stabilizing. The accuracy of official short-term fiscal forecasts (those of the OECD) is analysed, using conventional techniques, and found to be reassuring. |
| 主题 | International Macroeconomics |
| 关键词 | Deficits Fiscal policy Forecast accuracy Maasticht treaty Solvency Stability and growth pact |
| URL | https://cepr.org/publications/dp1864 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531006 |
| 推荐引用方式 GB/T 7714 | Andreas Fischer,Mathias Zurlinden. DP1864 Interventions Versus Customer Transactions: An Alternative Test of the Signalling Hypothesis. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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