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Dynamic scoring

Dynamic scoring is a forecasting technique for government revenues, expenditures, and budget deficits that incorporates predictions about the behavior of people and organizations based on changes in fiscal policy, usually tax rates. Dynamic scoring depends on models of the behavior of economic agents which predict how they would react once the tax rate or other policy change goes into effect. This means the uncertainty induced in predictions is greater to the degree that the proposed policy is unlike current policy. Unfortunately, any such model depends heavily on judgment, and there is no evidence that it is more effective or accurate.

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Total Publications
Lifetime
16,285
Prior Five Years
4,409
Total Citations
Lifetime
169,212
Prior Five Years
24,256
Total Scholars
Lifetime
25,771
Prior Five Years
20,461

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