RT Web Page DB /z-wcorg/ DS http://worldcat.org ID 756572134 LA English UL http://papers.nber.org/papers/w2667 T1 A Note on Revenue Forecasting During the Dukakis Administration A1 Rosen, Harvey S., Feenberg, Daniel R., National Bureau of Economic Research., PB National Bureau of Economic Research PP Cambridge, Mass. YR 1988 AB Critics of Governor Michael Dukakis have suggested that this year?s $400 million overestimate of tax revenues in Massachusetts casts doubt on his putative managerial skills. In this paper, we carefully examine the entire Dukakis forecasting record. We find that the 1988 experience was "unusual? in the sense that on average, revenue forecasts produced by his administration have been too low rather than too high. In addition, we find that there is no significant difference between the quality of the Dukakis forecasts and those of his predecessors in Massachusetts. Hence, those who seek to discover anything extraordinarily positive or negative about Dukakis? managerial capabilities should shift their attention to skills other than revenue forecasting.