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Title The Palgrave Handbook of Government Budget Forecasting / Daniel Williams, Thad Calabrese, editors.
Imprint Cham : Palgrave Macmillan, 2019.

View online
View online
Series Palgrave Studies in Public Debt, Spending, and Revenue.
Palgrave Studies in Public Debt, Spending, and Revenue.
Subject Expenditures, Public -- Forecasting -- Handbooks, manuals, etc.
Budget -- Handbooks, manuals, etc.
Alt Name Williams, Daniel.
Calabrese, Thad D.
Description 1 online resource (448 pages).
Note Description based upon print version of record.
Revenue Forecasting in the United States
Includes index.
Contents Intro; Contents; Notes on Contributors; List of Figures; List of Tables; 1: Introduction; Introduction; References; Part I: International and National; 2: Macroeconomic Theory and Forecasting; Introduction; Potential Economic Growth; Total Hours; Labor Productivity; Labor Quality; Capital Intensity; Total Factor Productivity; Productivity, Potential and Short-Run Dynamics; Inflation; Interest Rates; Forecast Errors and Adjustments; Appendix; References; 3: Evaluating Government Budget Forecasts; Introduction; Literature Review; Data; Data Description; Graphical Analysis
Comparison of Alternative ForecastsComparisons of RMSEs; Illustration; Forecast Encompassing; Illustration; Pooling and Combining Forecasts; Illustration; Forecast Failure; Comparisons Across Subsamples; Illustration; Tests of Bias and Efficiency; Illustration; General Tests of Forecast Bias; Illustration; A Unified Approach; Remarks; Conclusions; References; 4: Budget Preparation and Forecasting in the Federal Republic of Germany; Introduction; The German Political Structure; Federalism Reforms; The Maastricht Treaty; Balanced Budget; Golden Rule; The German Debt Brake; Control Account
Federal Fiscal Assistance to the LanderDebt Brake; Exceptions; Stability Council; Revenue Estimation; The Financial Planning; Budget Planning; Conclusion; References; 5: Revenue Forecasting in Low-Income and Developing Countries: Biases and Potential Remedies; Introduction; Previous Research; Data and Findings; Potential Remedies: Institutional Proposals and Effectiveness; SARAs: A Promise That Has Yet to Deliver; Independent Fiscal Authorities; Summary and Conclusions; References; 6: The Reliability of Long-Run Budget Projections; Introduction; Looking Backward; Looking Forward
Macroeconomic UncertaintyPolicy Uncertainty; Revenues; Health Costs; Economic and Demographic Assumptions; Immigration; Inflation; Interest Rates; Productivity; Sensitivity Analysis; Coping with Uncertainty; Conclusions; References; 7: CBO Updated Forecasts: Do a Few Months Matter?; Introduction; The Forecasting Process; Methodology; Findings; General Descriptives; Deficits/Surpluses; Revenues; Outlays; Regression Analysis; Conclusion; References; Part II: State and Local; 8: State Revenue Forecasting Practices: Accuracy, Transparency, and Political Participation; Introduction
Literature ReviewForecasting Processes; Political Participation; Accuracy; Transparency; Methods; Results; Political Participation in the Forecasting Processes in the U.S. States; Political Acceptance of the Revenue Forecast; Accuracy of the States' Revenue Forecasts; Transparency of States' Revenue Forecasts; Conclusion; Appendix 1: General Fund Forecast to Actual Differences and Midyear Adjustments; Appendix 2: States Without a Reasonable Rationale and GF Forecast to Actual; References; 9: Forecasting Post-Crisis Virginia Tax Revenue; Introduction; Literature Review
ISBN 9783030181956
9783030181949 (print)
OCLC # 1124610478
Additional Format Print version: Williams, Daniel The Palgrave Handbook of Government Budget Forecasting Cham : Palgrave Macmillan,c2019 9783030181949.

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