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A Note on Revenue Forecasting During the Dukakis Administration

Autore: Harvey S Rosen; Daniel R Feenberg; National Bureau of Economic Research.
Editore: Cambridge, Mass. : National Bureau of Economic Research, 1988.
Serie: Working paper series (National Bureau of Economic Research), no. w2667.
Edizione/Formato:   eBook : Document : EnglishVedi tutte le edizioni e i formati
Banca dati:WorldCat
Sommario:
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  Per saperne di più…
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Informazioni aggiuntive sul formato: Print version:
Feenberg, Daniel.
Note on revenue forecasting during the Dukakis administrations.
Cambridge, MA : National Bureau of Economic Research, [1988]
(OCoLC)18435208
Persona incaricata: Michael S Dukakis
Tipo materiale: Document, Risorsa internet
Tipo documento: Internet Resource, Computer File
Tutti gli autori / Collaboratori: Harvey S Rosen; Daniel R Feenberg; National Bureau of Economic Research.
Numero OCLC: 756572134
Descrizione: 1 online resource.
Titolo della serie: Working paper series (National Bureau of Economic Research), no. w2667.
Responsabilità: Daniel R. Feenberg, Harvey S. Rosen.

Abstract:

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.

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