Grant, Angelia L.; Pan, Liyi; Pidhirnyj, Tim; Ruberl, … - 2017
This paper outlines a methodology for forecasting the components of household final consumption expenditure, which is … necessary in order to forecast revenue col- lections from a number of different taxes. A forecast combination approach using … approach outperforms the almost ideal demand system, which is currently used by the Australian Treasury to forecast the …