Evaluating rationality of level and growth rate forecasts of direct tax revenues under flexible loss function: Evidence from Swiss cantons

C-Tier

Journal: Economics Letters

Year: 2015

Volume: 134

Issue: C

Pages: 65-68

Authors (2)

Chatagny, Florian (not in RePEc) Siliverstovs, Boriss (Latvijas Banka)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

We explore the rationality of tax revenue forecasts in Swiss cantons under asymmetric loss functions. We find evidence of asymmetric losses for the level forecasts but not for growth rates. Allowing for asymmetric losses alters the outcome of rationality tests for the level forecasts.

Evaluating rationality of level and growth rate forecasts of direct tax revenues under flexible loss function: Evidence from Swiss cantons

Authors (2)

Abstract

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