IDEAS home Printed from https://ideas.repec.org/p/fpb/wpaper/201712.html
   My bibliography  Save this paper

Working Paper 12-17 - Évaluation de la précision des prévisions à court terme du BFP - Une mise à jour
[Working Paper 12-17 - Evaluatie van de nauwkeurigheid van de kortetermijnvooruitzichten van het FPB - Een update]

Author

Listed:
  • Ludovic Dobbelaere
  • Igor Lebrun

Abstract

The Federal Planning Bureau is responsible, within the National Accounts Institute, for producing the macroeconomic forecasts that are used to set up the federal government budget. This working paper presents an update of the ex post assessment of the quality of these forecasts. Compared to the previous working paper devoted to this topic, the sample has been extended by six additional years and the number of evaluated variables has been increased, in particular with series at current prices. Moreover, this paper also examines to what extent the observed forecast errors are due to errors made on exogenous assumptions related to the international environment.

Suggested Citation

  • Ludovic Dobbelaere & Igor Lebrun, 2017. "Working Paper 12-17 - Évaluation de la précision des prévisions à court terme du BFP - Une mise à jour [Working Paper 12-17 - Evaluatie van de nauwkeurigheid van de kortetermijnvooruitzichten va," Working Papers 201712, Federal Planning Bureau, Belgium.
    • Handle: RePEc:fpb:wpaper:201712
    as

    Download full text from publisher

    File URL: https://www.plan.be/uploaded/documents/201710121048580.WP_1712_11514_E.pdf
    File Function: english version
    Download Restriction: no
    File URL: https://www.plan.be/uploaded/documents/201710121052190.WP_1712_11514_F.pdf
    File Function: version française
    Download Restriction: no
    File URL: https://www.plan.be/uploaded/documents/201710121052360.WP_1712_11514_N.pdf
    File Function: nederlandse versie
    Download Restriction: no
    File URL: https://www.plan.be/uploaded/documents/201710121055130.WP_1712_Slideshow.pdf
    File Function: nederlandse versie
    Download Restriction: no
    File URL: https://www.plan.be/uploaded/documents/201710121059060.Advies_Avis.pdf
    File Function: mixed version (en, fr, nl)
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Forecast; post mortem assessment; Economic budget;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fpb:wpaper:201712. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dominique van der Wal (email available below). General contact details of provider: https://edirc.repec.org/data/plagvbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.