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transparency rules on budget forecast errors. After the reform, municipalities with less than 5,000 inhabitants were not obligated … to provide quarterly information on cumulative budget execution and forecast deviations. Using a difference …-in-differences estimator in a sample of municipalities from this Madrid region between 2010−2019, I compare expenditure and revenue forecast …
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highly interrelated small open economies. These spatial interrelations must be considered also when the aim is to forecast …, monthly data for 34 years) and Spain (47 regions, quarterly data for 32 years) …
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representative of different long-term care systems: Germany, the Netherlands, Spain and Poland. Using a standardised methodology, the …
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The need for long-term fiscal projections is self evident. Of these projections, pension expenditure is one of the most important since firstly it represents a large share of total expenditure, and secondly because of the positive correlation between this variable and demographic change. In this...
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