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Revenue forecast errors in the European Union

dc.contributor.advisorAfonso, António
dc.contributor.authorCarvalho, Rui Miguel da Costa
dc.date.accessioned2013-12-02T11:01:38Z
dc.date.available2013-12-02T11:01:38Z
dc.date.issued2013
dc.descriptionMestrado em Economia Monetária e Financeirapor
dc.description.abstractThe recent years had brought significant uncertainty to macroeconomic forecasts made not only by specialized international institutions but also by central governments. This dissertation assesses 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. A particular important result obtained was that tax rate changes do affect revenue errors and that different tax changes affect differently revenue errors. Also, GDP errors, minority governments, election year and corporate rate changes can be associated to overly optimistic revenue forecasts. On the other hand, 10-year bond yields, inflation errors and VAT changes are associated with a more prudent behaviour.por
dc.identifier.citationCarvalho, Rui Miguel da Costa. 2013. "Revenue forecast errors in the European Union". Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestão.por
dc.identifier.urihttp://hdl.handle.net/10400.5/6199
dc.language.isoengpor
dc.publisherInstituto Superior de Economia e Gestãopor
dc.subjectmacro forecastspor
dc.subjectrevenue forecast errorspor
dc.subjectEUpor
dc.titleRevenue forecast errors in the European Unionpor
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typemasterThesispor

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