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Published online by Cambridge University Press: 29 November 2013
1 This lecture builds on and updates my Ken Dixon Lecture on 13 June 2011, in which I reflected on the OBR's first year in existence (http://budgetresponsibility.independent.gov.uk/wordpress/docs/Ken-Dixon-lecture.pdf). My thanks to Sir Alan Budd, Xavier Debrun, Tidiane Kinda and my OBR colleagues for useful comments on an earlier draft. Remaining errors are my own.
2 IMF, 2013, The Functions and Impact of Fiscal Councils (forthcoming; Washington: International Monetary Fund)
3 “What should fiscal councils do?”, by Lars Calmfors and Simon Wren-Lewis, http://www.finanspolitiskaradet.se/download/18.3b8af0c112ec0f3879380005563/whatshouldfiscalcouncilsdo.pdf