PFM Articles 
A History of Revenue Forecasts
MARK RIDER
PFM, Vol. 2 No. 3,
(2002)
Feenberg et al. (1989) apply a simple regression-based method to
test the rationality of state revenue forecasts. Using the same regressionbased
methodology, we test the rationality of federal revenue forecasts for
fiscal year 1802 through 2001. We find that Treasury forecasts of federal
revenues satisfy the conditions of weak rationality.
Subscribers: Login to read this article
Guests: Subscribe to PFM, or purchase individual article access for $10.
The article is not available for automatic download. We will email the article to you as a PDF file upon receiving your payment, typically within 24 hours.
