Williams, Daniel W.; Kavanagh, Shayne C. - In: Journal of Public Budgeting, Accounting & Financial … 28 (2016) 4, pp. 488-526
This study examines forecast accuracy associated with the forecast of 55 revenue data series of 18 local governments. The last 18 months (6 quarters; or 2 years) of the data are held-out for accuracy evaluation. Results show that forecast software, damped trend methods, and simple exponential...