Measuring the Growth and Variability of Tax Bases over the Business Cycle
Shows that the standard method for estimating elasticity results in asymptotic bias and inconsistent standard errors. Uses time-series econometric techniques to provide unbiased estimates of the long-run growth potential (the long-run elasticity) and cyclical variability (the short-run elasticity) of all major tax bases.
Year of publication: |
1996
|
---|---|
Authors: | Sobel, Russell S. ; Holcombe, Randall G. |
Published in: |
National Tax Journal. - National Tax Association - NTA. - Vol. 49.1996, 4, p. 535-52
|
Publisher: |
National Tax Association - NTA |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Consumption Externalities and Economic Welfare
Holcombe, Randall G., (2000)
-
Measuring the Growth and Variability of Tax Bases over the Business Cycle
Sobel, Russell S., (1996)
-
THE IMPACT OF STATE RAINY DAY FUNDS IN EASING STATE FISCAL CRISES DURING THE 1990-1991 RECESSION
Sobel, Russell S., (1996)
- More ...