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The Effect of underforecasting on the accuracy of revenue forecasts by State Governments (Record no. 29163)

000 -LEADER
fixed length control field 01588naa a2200217uu 4500
001 - CONTROL NUMBER
control field 9052016035310
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190211164938.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 090520s2009 xx ||||gr |0|| 0 eng d
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha Dewey Subclass [OBSOLETE] PHL2MARC21 1.1
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name RODGERS, Robert
9 (RLIN) 9101
245 10 - TITLE STATEMENT
Title The Effect of underforecasting on the accuracy of revenue forecasts by State Governments
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Malden, MA :
Name of publisher, distributor, etc. Blackwell Publishers,
Date of publication, distribution, etc. jan./feb. 1996
520 3# - SUMMARY, ETC.
Summary, etc. Do state budget officials regularly underforecast revenue collections, and, if so, why? Analysis of 336 forecast errors for the 50 states from fiscal year 1975 through fiscal year 1992 indicated that the revenues collected by the states have been, on average, 2.1 percent more than the revenues that were forecasted. During recessions, revenue forecasts were much more accurate than during economic expansions. The average forecast error during recessions was near zero, while the average forecast error during economic expansions was quite large. Interviews with state budget officials suggested to the authors that the reason why the forecasts of revenues have been so accurate during economic downturns and so inaccurate during periods of economic prosperity is because states routinely underforecast revenues
590 ## - LOCAL NOTE (RLIN)
Local note public administration review par
590 ## - LOCAL NOTE (RLIN)
Local note january/february 1996
590 ## - LOCAL NOTE (RLIN)
Local note volume 56 numero 1
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name JOYCE, Philip
9 (RLIN) 36978
773 08 - HOST ITEM ENTRY
Title Public administration review : PAR
Related parts 56, 1, p. 48-56
Place, publisher, and date of publication Malden, MA : Blackwell Publishers, jan./feb. 1996
International Standard Serial Number ISSN 00333352
Record control number
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Periódico
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20090520
Operator's initials, OID (RLIN) 1603^b
Cataloger's initials, CIN (RLIN) Tiago

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