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The rationality of EIA forecasts under symmetric and asymmetric loss

✍ Scribed by Maximilian Auffhammer

Book ID
116859813
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
442 KB
Volume
29
Category
Article
ISSN
0928-7655

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## Abstract EU Commission forecasts are used as a benchmark within the framework of the Stability and Growth Pact, aimed at providing a prudential view of economic outlook, especially for member states in an Excessive Deficit Procedure. Following Elliott __et al.__ (2005), we assess whether there e