EconPapers    
Economics at your fingertips  
 

A Note on Revenue Forecasting During the Dukakis Administration

Daniel Feenberg () and Harvey Rosen ()

No 2667, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Critics of Governor Michael Dukakis have suggested that this year?s $400 million overestimate of tax revenues in Massachusetts casts doubt on his putative managerial skills. In this paper, we carefully examine the entire Dukakis forecasting record. We find that the 1988 experience was "unusual? in the sense that on average, revenue forecasts produced by his administration have been too low rather than too high. In addition, we find that there is no significant difference between the quality of the Dukakis forecasts and those of his predecessors in Massachusetts. Hence, those who seek to discover anything extraordinarily positive or negative about Dukakis? managerial capabilities should shift their attention to skills other than revenue forecasting.

Date: 1988-07
Note: PE
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.nber.org/papers/w2667.pdf (application/pdf)

Related works:
Working Paper: A NOTE ON REVENUE FORECASTINGDURING THE DUKAKIS ADMINISTRATION (1988)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:2667

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w2667

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2019-04-17
Handle: RePEc:nbr:nberwo:2667