Series: IMF Working Papers
Author(s): Mikhail Golosov , and John King
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2002
Keywords: IMF-supported programs, tax revenue, tax ratio, tax ratios, forecast of tax revenues, Taxation and Subsidies: Other, Fiscal and Monetary Policy in Development,
Year-ahead forecasts of tax revenues incorporated into IMF programs for low-income countries, from 1993 to 1999, are compared with the corresponding outturns. The accuracy of these forecasts was low, with a mean ab...