000			01856nab a2200289 c 4500
003			ES-MaIEF
005			20190115142127.0
007			ta
008			190115t2018 ne ||||ss|||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_966892 _aBoukari, Mamadou
245			_aDisentangling political and institutional determinants of budget forecast errors _b : A comparative approach _c Mamadou Boukari, Francisco José Veiga
260			_c2018
500			_aDisponible únicamente el PDF en el Repositorio de la Biblioteca del IEF con el nombre de: 1397-2018-4BOU.
500			_aResumen
504			_aBibliografía.
520			_aThis paper provides a unique comparison between French and Portuguese local governments with respect to the nature and determinants of budget forecast errors. It starts by documenting and comparing their statistical properties. The results point at biased and inefficient budget forecasts, which seem to have been more cautious in French departments than in Portuguese municipalities. Second, we examine the political, institutional and economic determinants of forecast biases. Overall, we find that they are essentially driven by electoral motivations and by institutional differences across the two countries. In particular, opportunistic forecasting is more prevalent where governments enjoy greater margin of maneuver, and there is evidence of conservatism in French departments where fiscal autonomy is greater.
650		4	_948115 _aPRESUPUESTOS LOCALES
650		4	_944798 _aGESTION
650		4	_943408 _aELECCIONES
650		4	_948081 _aPORTUGAL
650		4	_944475 _aFRANCIA
700	1		_961314 _aVeiga, Francisco José
773	0		_9158354 _oOP 1397/2018/4 _tJournal of Comparative Economics _w(IEF)21314 _x 0147-5967 _g v. 46, n. 4, December 2018, p. 1030-1045
942			_cRE
999			_c139675 _d139675