Making Fiscal Adjustments Using Event Probability Forecasts in OECD Countries
(2020)
Journal Article
Lee, K., Ong, K., & Shields, K. K. (2020). Making Fiscal Adjustments Using Event Probability Forecasts in OECD Countries. Economic Record, 96(314), 294-313. https://doi.org/10.1111/1475-4932.12540
This paper describes an approach to making fiscal policy decisions based on probabilistic statements on the likely occurrence of events as specified in a rules‐based framework for making fiscal adjustments. The event probability forecasts are obtaine... Read More about Making Fiscal Adjustments Using Event Probability Forecasts in OECD Countries.