{"id":1855,"date":"2021-05-10T06:11:52","date_gmt":"2021-05-10T06:11:52","guid":{"rendered":"http:\/\/3.35.173.53\/?p=1855"},"modified":"2021-05-10T06:11:52","modified_gmt":"2021-05-10T06:11:52","slug":"bruck-t-stephan-a-2006-do-eurozone-countries-cheat-with-their-budget-deficit-forecasts-kyklos-591-3-15","status":"publish","type":"post","link":"https:\/\/happyfinder.co.kr\/?p=1855","title":{"rendered":"Br\u00fcck, T., &#038;Stephan, A. (2006). Do Eurozone countries cheat with their budget deficit forecasts?. Kyklos, 59(1), 3-15."},"content":{"rendered":"<p><!--StartFragment--><\/p>\n<p class=\"1\" style=\"background: rgb(255, 255, 255); text-indent: 0pt; mso-pagination: none; mso-padding-alt: 0pt 0pt 0pt 0pt;\">&nbsp;<\/p>\n<p><span lang=\"EN-US\" style=\"background: rgb(255, 255, 255); letter-spacing: -0.3pt; font-family: Times New Roman; mso-fareast-font-family: \ub098\ub214\ubc14\ub978\uace0\ub515; mso-ascii-font-family: Times New Roman; mso-font-width: 97%; mso-text-raise: 0pt;\"><\/p>\n<h3 class=\"article-section__header main abstractlang_en main\"><span style=\"font-family: \ub9d1\uc740 \uace0\ub515,malgun;\">SUMMARY<\/span><\/h3>\n<p class=\"0\" style=\"background: rgb(255, 255, 255); mso-pagination: none; mso-padding-alt: 0pt 0pt 0pt 0pt;\"><span style=\"font-family: \ub9d1\uc740 \uace0\ub515,malgun;\">       &nbsp;<\/span><\/p>\n<div class=\"article-section__content en main\">\n<p><span style=\"font-family: \ub9d1\uc740 \uace0\ub515,malgun;\">The authors assess the political economy determinants of budget deficit forecast errors. Their econometric analysis indicates that Eurozone governments have manipulated deficit forecasts before elections since the introduction of the Stability and Growth Pact. The left\u2010right position and the institutional design of governments also affect the quality of deficit forecasts.<\/span><\/p>\n<\/div>\n<p><\/span><\/p>\n<p class=\"0\" style=\"background: rgb(255, 255, 255); mso-pagination: none; mso-padding-alt: 0pt 0pt 0pt 0pt;\">&nbsp;<\/p>\n<p class=\"0\" style=\"background: rgb(255, 255, 255); mso-pagination: none; mso-padding-alt: 0pt 0pt 0pt 0pt;\">&nbsp;<\/p>\n<p><!--StartFragment--><\/p>\n<p class=\"0\" style=\"background: rgb(255, 255, 255); mso-pagination: none; mso-padding-alt: 0pt 0pt 0pt 0pt;\"><span lang=\"EN-US\" style=\"background: rgb(255, 255, 255); letter-spacing: 0pt; font-family: \ub9d1\uc740 \uace0\ub515,malgun; mso-fareast-font-family: \ud568\ucd08\ub86c\ubc14\ud0d5; mso-font-width: 100%; mso-text-raise: 0pt;\">Br\u00fcck, T., &amp;Stephan, A. (2006). Do Eurozone countries cheat with their budget deficit forecasts?. <\/span><span lang=\"EN-US\" style=\"background: rgb(255, 255, 255); letter-spacing: 0pt; font-family: \ub9d1\uc740 \uace0\ub515,malgun; font-style: italic; mso-fareast-font-family: \ud568\ucd08\ub86c\ubc14\ud0d5; mso-font-width: 100%; mso-text-raise: 0pt;\">Kyklos, 59<\/span><span lang=\"EN-US\" style=\"background: rgb(255, 255, 255); letter-spacing: 0pt; font-family: \ub9d1\uc740 \uace0\ub515,malgun; mso-fareast-font-family: \ud568\ucd08\ub86c\ubc14\ud0d5; mso-font-width: 100%; mso-text-raise: 0pt;\">(1), 3-15. <\/span><\/p>\n<p class=\"0\" style=\"background: rgb(255, 255, 255); mso-pagination: none; mso-padding-alt: 0pt 0pt 0pt 0pt;\"><a href=\"file:\/\/\/https:\/\/doi.org\/10.1111\/j.1467-6435.2006.00317.x\"><u style=\"text-underline: #0000ff single;\"><span lang=\"EN-US\" style=\"background: rgb(255, 255, 255); color: rgb(0, 0, 255); letter-spacing: 0pt; font-family: \ub9d1\uc740 \uace0\ub515,malgun; mso-fareast-font-family: \ud568\ucd08\ub86c\ubc14\ud0d5; mso-font-width: 100%; mso-text-raise: 0pt;\">https:\/\/doi.org\/10.1111\/j.1467-6435.2006.00317.x<\/span><\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; SUMMARY &nbsp; The authors assess the political economy determinants of budget deficit forecast errors. Their econometric analysis indicates that Eurozone governments have manipulated deficit forecasts before elections since the introduction of the Stability and Growth Pact. The left\u2010right position and the institutional design of governments also affect the quality of deficit forecasts. &nbsp; &nbsp; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[28,15],"tags":[254,253],"_links":{"self":[{"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=\/wp\/v2\/posts\/1855"}],"collection":[{"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1855"}],"version-history":[{"count":1,"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=\/wp\/v2\/posts\/1855\/revisions"}],"predecessor-version":[{"id":1856,"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=\/wp\/v2\/posts\/1855\/revisions\/1856"}],"wp:attachment":[{"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/happyfinder.co.kr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}