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We use a newly available dataset of euro area quarterly national accounts fiscal data and construct multivariate, state-space mixed-frequencies models for the government deficit, revenue and expenditure in order to assess its information content and its potential use for fiscal forecasting and...
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Europe, the latter could be particularly worrisome given the role of fiscal data in the functioning of EU's multilateral … figures in Europe by exploiting the information contained in a pool of real-time vintages of data pertaining to fifteen EU …
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