Language:
English
Pages:
1 Online-Ressource (19 p.)
,
21 x 28cm.
Titel der Quelle:
OECD Journal on Budgeting
Angaben zur Quelle:
Vol. 13, no. 3, p. 1-19
Angaben zur Quelle:
volume:13
Angaben zur Quelle:
year:2014
Angaben zur Quelle:
number:3
Angaben zur Quelle:
pages:1-19
Keywords:
Finance and Investment
;
Governance
Abstract:
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.
DOI:
10.1787/budget-13-5jxvd4xlns7j
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