Afonso, António; Carvalho, Rui - 2014
In this paper we assess the determinants of revenue forecast errors for the EU-15 between 1999 and 2012, based on the … revenue forecast errors: for forecasts made in t for t, increases in the corporate tax rate implies a decrease in the revenue … forecast errors, in t 1 and t 2. Moreover, an increase in GDP forecast errors decreases revenue errors, whereas an increase in …
