Number: RL31949
Title: Issues in Dynamic Revenue Estimating
Authors: Jane G. Gravelle, Government and Finance Division 
Abstract: 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.
Pages: 46
Date: May 3, 2007