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Forecasting Capital Gains Realizations: Technical Paper 2000-5

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  • Preston Miller
  • Larry Ozanne

Abstract

As an input to its estimates of federal revenues, the Congressional Budget Office (CBO) requires an estimate of capital gains realizations in the current calendar year and forecasts of realizations for the next 10 years. The purpose of our study is to improve the accuracy of the current-year estimates. As background, we describe the models and methods that CBO now uses and briefly mention models developed at other institutions. We then discuss in detail our method for constructing a new model and compare the model’s performance with that of other models by determining how

Suggested Citation

  • Preston Miller & Larry Ozanne, 2000. "Forecasting Capital Gains Realizations: Technical Paper 2000-5," Working Papers 13335, Congressional Budget Office.
  • Handle: RePEc:cbo:wpaper:13335
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    File URL: https://www.cbo.gov/sites/default/files/106th-congress-1999-2000/workingpaper/20005_0.pdf
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    Cited by:

    1. David Cashin & Jamie Lenney & Byron Lutz & William Peterman, 2018. "Fiscal policy and aggregate demand in the USA before, during, and following the Great Recession," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(6), pages 1519-1558, December.

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