Costing policy proposals: Guidelines for independent fiscal institutions (IFIs)

Oecd

OECD Journal on Budgeting, 2023, vol. 23, issue 1

Abstract: This paper provides good-practice guidelines for parliamentary budget officials and independent fiscal institutions (IFIs) that estimate the costs of policy proposals. It covers topics including which costs to capture, how to handle behavioural responses and macroeconomic feedback, how to communicate results, and how to work with stakeholders. It also contains a section on the special considerations for costing election platforms.

Keywords: policy costing; independent fiscal institutions; budget forecasting (search for similar items in EconPapers)
JEL-codes: H60 H61 H68 (search for similar items in EconPapers)
Date: 2023
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