Evaluating state tax revenue variability: a portfolio approach

Thomas Garrett

No 2006-008, Working Papers from Federal Reserve Bank of St. Louis

Abstract: State revenue variability is evaluated using a volatility model rooted in portfolio theory. The model evaluates how closely a state's revenue portfolio is constructed to minimize variability in total state tax revenue. The model complements parametric methods of revenue variability.

Keywords: Taxation; Revenue (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-fin, nep-pbe and nep-pub
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Citations: View citations in EconPapers (3)

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Journal Article: Evaluating state tax revenue variability: a portfolio approach (2009)
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