Revenue Forecast Errors in the European Union

In this paper we assess the determinants of revenue forecast errors for the EU-15 between 1999 and 2012, based on the forecasts published bi-annually by the European Commission. Our results show that personal income rate changes increase the revenue forecast errors: for forecasts made in t for t, in...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Carvalho, Rui (author)
Format: workingPaper
Language:eng
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10400.5/7435
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/7435