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“Dynamic Scoring”: Why and How to Include Macroeconomic Effects in Budget Estimates for Legislative Proposals

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  • Douglas W. Elmendorf

    (Brookings Institution)

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  • Douglas W. Elmendorf, 2015. "“Dynamic Scoring”: Why and How to Include Macroeconomic Effects in Budget Estimates for Legislative Proposals," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 46(2 (Fall)), pages 91-149.
    • Handle: RePEc:bin:bpeajo:v:46:y:2015:i:2015-02:p:91-149
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    File URL: https://www.brookings.edu/wp-content/uploads/2015/09/ElmendorfTextFall15BPEA.pdf
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    References listed on IDEAS

    as
    1. Charles F. Manski, 2011. "Policy Analysis with Incredible Certitude," Economic Journal, Royal Economic Society, vol. 121(554), pages 261-289, August.
    2. Alan J. Auerbach, 1996. "Dynamic Revenue Estimation," Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 141-157, Winter.
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    Cited by:

    1. Rachel Moore & Brandon Pecoraro, 2020. "Dynamic Scoring: An Assessment of Fiscal Closing Assumptions," Public Finance Review, , vol. 48(3), pages 340-353, May.
    2. Nathaniel Z Counts & Noemi Kreif & Timothy B Creedon & David E Bloom, 2025. "Psychological distress in adolescence and later economic and health outcomes in the United States population: A retrospective and modeling study," PLOS Medicine, Public Library of Science, vol. 22(1), pages 1-23, January.
    3. Arai, Natsuki & Iizuka, Nobuo & Yamamoto, Yohei, 2022. "The Efficiency of the Government’s Revenue Projections," Discussion paper series HIAS-E-122, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    4. Arai, Natsuki, 2020. "Investigating the inefficiency of the CBO’s budgetary projections," International Journal of Forecasting, Elsevier, vol. 36(4), pages 1290-1300.

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