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This study examines the sources of uncertainty in predicting government tax revenues in Israel. In the first stage, we estimate a model based on several real and financial macroeconomic variables and identify a significant, stable and highly accurate relation between these variables and tax...
Persistent link: https://www.econbiz.de/10013097007
In this paper, we disentangle tax revenue forecast errors into influences stemming from wrong macroeconomic assumptions and false predictions of the elasticities linking the tax base to its corresponding tax type. Across six tax types and the overall tax sum for Germany, we find a heterogeneous...
Persistent link: https://www.econbiz.de/10012547029
This study examines the sources of uncertainty in predicting government tax revenues in Israel. In the first stage, we estimate a model based on several real and financial macroeconomic variables and identify a significant, stable and highly accurate relation between these variables and tax...
Persistent link: https://www.econbiz.de/10013147716
Persistent link: https://www.econbiz.de/10014549204
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Large-scale disasters regularly affect societies over the globe, causing large destruction and damage. After each of these events, media, insurance companies, and international institutions publish numerous assessments of the “cost of the disaster.” However these assessments are based on...
Persistent link: https://www.econbiz.de/10011394801
Large-scale disasters regularly affect societies over the globe, causing large destruction and damage. After each of these events, media, insurance companies, and international institu-tions publish numerous assessments of the "cost of the disaster." However these assessments are based on...
Persistent link: https://www.econbiz.de/10012976240
Large-scale disasters regularly affect societies over the globe, causing large destruction and damage. After each of these events, media, insurance companies, and international institu-tions publish numerous assessments of the "cost of the disaster." However these assessments are based on...
Persistent link: https://www.econbiz.de/10012551723