Issues in Dynamic Revenue Estimating (CRS Report for Congress)
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| Release Date |
Revised May 3, 2007 |
| Report Number |
RL31949 |
| Report Type |
Report |
| Authors |
Jane G. Gravelle, Government and Finance Division |
| Source Agency |
Congressional Research Service |
| Older Revisions |
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Summary:
This report explains issues relating to dynamic revenue estimating and discusses the empirical evidence on some of the crucial supply-side behavioral responses. Some of the more technical material and details are presented in appendices. The first section explains the three basic sources of feedback effects that can be considered: short run stimulus, deficit crowding-out, and supply side; and how these three effects relate to the four basic types of models. The following sections discuss the issues surrounding each type of effect.
