European Financial and Accounting Journal 2013, 8(3):59-73 | DOI: 10.18267/j.efaj.107

Research of Estimates of Tax Revenue: An Overview

Ondřej Bayer
Ing. Ondřej Bayer - student Ph.D.; Department of Public Finance, Faculty of Finance and Accounting, University of Economics, Prague, W. Churchill Sq .4, 130 67 Prague, Czech Republic;.

The paper deals with a summary of findings in the area of tax forecasts. It describes the basic methodology for predicting tax revenues, both in terms of the macroeconomic approach and from a microeconomic perspective. The microeconomic approach used microsimulation methods with methods based on tax elasticities. The macroeconomic approach explains the basic characteristics of regression analysis and time series analysis. It also describes methods for assessing the quality of predictions, together with the distribution of basic statistical error estimate.

Keywords: Forecasting, Microsimulations, Regression analysis, Tax revenue
JEL classification: H29

Published: October 1, 2013  Show citation

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Bayer, O. (2013). Research of Estimates of Tax Revenue: An Overview. European Financial and Accounting Journal, 8(3), 59-73. doi: 10.18267/j.efaj.107
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