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Title How do Canadian budget forecasts compare with those of other industrial countries? / prepared by Martin Mühleisen [and others]
Published Washington, D.C. : International Monetary Fund, Western Hemisphere Dept., [2005]
Saint-Lazare, Quebec : Gibson Library Connections, 2008
Online access available from:
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Description 1 online resource (49 pages : charts)
Series IMF working paper ; no. WP/05/66
IMF working paper ; no. WP/05/66
Contents I. Introduction and summary -- II. Institutional environment for budget forecasts -- III. Fiscal forecasting practices in international comparison -- IV. Assessing forecast accuracy -- V. Statistical analysis of forecast outcomes -- VI. Conclusion
Summary This paper compares Canadian central government budget forecasting with forecasting by other industrial countries. While fiscal forecasting in Canada is governed by one of the strongest institutional frameworks, quantitative analysis suggests that budget projections of macroeconomic and fiscal aggregates have been more cautious than in other countries since the mid-1990s. The relatively volatile macroeconomic environment as well as institutional factors, such as Canada's asymmetric deficit target, have likely contributed to this outcome
Notes "March 2005."
Bibliography Includes bibliographical references (pages 42-43)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Subject Budget -- Canada.
Fiscal policy -- Canada.
Canada -- Appropriations and expenditures -- Forecasting.
Form Electronic book
Author Mühleisen, Martin, author
International Monetary Fund. Western Hemisphere Department, Issuing body
ISBN 1451906218