HIGHLIGHTS
- who: Jeff Frankel from the This Article was downloaded from Harvard University's DASH repository, and is made available have published the Article: Fiscal Rules and Overoptimism in Official Eurozone Forecasts, in the Journal: (JOURNAL)
- what: Of the remaining 24 countries, the 17 European countries9 are the main focus of the analysis . To study forecast bias the authors compare how macro variables explain forecast budget balance improvements and actual changes in the budget balance . The authors focus explicitly on how current macroeconomic conditions relate to future forecast errors. The authors examine how a variety of . . .
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