Practical programming and projection issues

Paul Beckerman
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Paul Beckerman: Independent Consultant, USA

Chapter 10 in Multiannual Macroeconomic Programming Techniques for Developing Economies, 2010, pp 240-278 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Introduction: Practical programming and projection issuesSetting up a macroeconomic projection exercise: data, assumptions, and presentation of resultsHistorical dataProjection assumptionsPresenting projection resultsSetting projection assumptions“Fudging”Econometric parameter estimates (and the stability of structural parameters)Feasible assumptionsMultiannual macroeconomic projection analysis in government budget-processing cyclesSensitivity analysisSensitivity analysis for “Pacífica”Sensitivity analysis involving debt-reduction exercisesA concluding note

Keywords: Multiannual Macroeconomic Projections; Developing Economies; Fiscal Projections; External-Debt Projection Methodology; Macroeconomic Programming; Assumed Behavioral Parameters; Assumed “Exogenous” World Conditions; Internal Variables; Programmed Macroeconomic Objectives; Real Growth; Inflation; Programmed Real Government Expenditure; Exchange-Rate Evolution; External-Debt Program (search for similar items in EconPapers)
Date: 2010
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