Purpose: This paper contributes to shed light on the quality and performance of US fiscal forecasts. Design/methodology/approach: The first part inspects the causes of official fiscal forecasts revisions by Congressional Budget Office (CBO) between 1984 and 2016 that are due to technical,...

This paper empirically evaluates the impact and effect of oil price fluctuations and shocks on French aggregate economic performance, industrial production index and inflation rate. Our methodology makes use of a multivariate VAR approach to analyse the stability and magnitude of this system by...

The continued increase in availability of economic data in recent years and, more impor- tantly, the possibility to construct larger frequency time series, have fostered the use (and development) of statistical and econometric techniques to treat them more accurately. This paper presents an...

Using a panel dataset of 86 countries from 1960-2005, this paper empirically assesses the effect of several democracy proxies (by means of the Polity IV database), together with a set of control variables, such as human capital and the initial level of GDP per capita, on the rate of economic...

Purpose The purpose of this paper is to investigate the importance of multiple measures of the economy while investigating the role of the economy with crime, as well as the sensitivity of those results. Design/methodology/approach Provincial-level data, 1981-2009, and a series of statistical...

Until recently, China has been the leading contributor to global economic growth and-since the recent global financial crisis-a stabilizing driver of its evolution. However, as China recently began to rebalance its economy away from investment and exports and toward consumption, its GDP growth...