Estimates of uncertainty around Australian budget forecasts

Estimates of uncertainty around Australian budget forecasts

In this article, past forecast errors are used to construct confidence intervals around Australian Government Budget forecasts of key economic and fiscal variables. These confidence intervals provide an indication of the extent of uncertainty around the point estimate forecasts presented in the Budg...

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Bibliographische Detailangaben
1. Verfasser: Clark, John (VerfasserIn)
Weitere Verfasser: Gibbons, Caroline (MitwirkendeR), Morrissey, Susan (MitwirkendeR), Pooley, Joshua (MitwirkendeR)
Format: Elektronisch Buchkapitel
Sprache:English
Veröffentlicht: Paris OECD Publishing 2014
Schlagworte:
Finance and Investment
Governance
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Beschreibung
Zusammenfassung:In this article, past forecast errors are used to construct confidence intervals around Australian Government Budget forecasts of key economic and fiscal variables. These confidence intervals provide an indication of the extent of uncertainty around the point estimate forecasts presented in the Budget. JEL classification numbers: E17, H68. Keywords: Confidence intervals, forecast errors, government budget, nominal GDP, real GDP, treasury, uncertainty
Beschreibung:1 Online-Ressource (19 Seiten) 21 x 28cm
DOI:10.1787/budget-13-5jxvd4xlns7j

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