Forecasting Capital Gains Realizations: Technical Paper 2000-5

Preston Miller and Larry Ozanne

No 13335, Working Papers from Congressional Budget Office

Abstract: As an input to its estimates of federal revenues, the Congressional Budget Office (CBO) requires an estimate of capital gains realizations in the current calendar year and forecasts of realizations for the next 10 years. The purpose of our study is to improve the accuracy of the current-year estimates. As background, we describe the models and methods that CBO now uses and briefly mention models developed at other institutions. We then discuss in detail our method for constructing a new model and compare the model’s performance with that of other models by determining how

Date: 2000-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:13335

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