External assumptions, the international environment and the track record of the Commission Forecast

Author (Corporate)
Series Title
Series Details No.189, September 2003
Publication Date September 2003
ISBN 92-894-6182-9
ISSN 1016-8060
EC KC-AI-03-010-EN-C
Content Type ,

While in the Commission Forecasts interest rates, exchange rates or oil prices are treated more like assumptions, it is interesting to test their realism. It appears that these variables are formulated in a reasonably accurate way and that in general alternative assumptions would not improve the picture.
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http://ec.europa.eu/comm/economy_finance/publications/economic_papers/economicpapers189_en.htm http://ec.europa.eu/comm/economy_finance/publications/economic_papers/economicpapers189_en.htm
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