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"Written in a simple and easy to understand manner, Forecasting Government Budgets presents some of the frequently used methods, simple as well as advanced, in budget forecasting. Although written primarily for graduate students in public administration and management, students from other...
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Michael J. Brogan's Modern Budget Forecasting in the American States: Precision, Uncertainty, and Politics examines government budgeting through the analysis of budget forecast errors. This book is innovative in its ability to connect the technical aspects of budgeting with the politics of the...
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State revenue forecasts are a subject of seemingly constant critique from politicians, the media, and the academy over the nature of their outcomes as measured by the ability to accurately predict available resources. The opportunity to introduce political biases into the revenue baseline,...
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We investigate the impact of errors in medium run tax revenue forecasts on the final budget balance. Our analysis is based on fiscal data for the entirety of German states and takes advantage of revenue forecasts and respective errors that can be considered as exogenously given in the budgeting...
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