IDEAS home Printed from https://ideas.repec.org/p/cbo/wpaper/16003.html
   My bibliography  Save this paper

Estimating and Forecasting Capital Gains with Quarterly Models: Technical Paper 2004-14

Author

Listed:
  • Jangryoul Kim
  • Preston Miller
  • Larry Ozanne

Abstract

At the end of each year, the Congressional Budget Office (CBO) estimates capital gains for the year ending and forecasts them for the next decade. The decade forecast is made using CBO’s forecast of GDP and an assumption that gains revert from their current size to their historical size relative to GDP. Our objective in this paper is to describe methods to improve CBO’s forecasts, particularly for the first year ahead. We settled on two procedures. The first is similar to CBO’s method for forecasting gains. It uses an equation to forecast gains given

Suggested Citation

  • Jangryoul Kim & Preston Miller & Larry Ozanne, 2004. "Estimating and Forecasting Capital Gains with Quarterly Models: Technical Paper 2004-14," Working Papers 16003, Congressional Budget Office.
    • Handle: RePEc:cbo:wpaper:16003
    as

    Download full text from publisher

    File URL: https://www.cbo.gov/sites/default/files/108th-congress-2003-2004/workingpaper/2004-14_0.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbo:wpaper:16003. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/cbogvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.