Revenue Forecasting and Analysis
About this Course
Revenue forecasting refers to the use of analytical techniques to produce estimates of future financial inflows for the government. It is of crucial importance to policymakers, as it helps them devise sound public polices and plan spending programs based on these projected revenues. While governments derive revenues from various sources, taxes typically are the main funding mechanism. Therefore, this course focuses on the forecasting and analysis of tax revenue. We first pinpoint places where data can be accessed and guide you on how to assess the quality of your data. We then move to general forecasting techniques. We apply these techniques to forecast major tax revenue items such as: value added taxes, import duties, excises, personal income tax and corporate income tax. The course also provides an introduction to techniques that can be used to estimate the revenue effects of policy changes and their distributional impact.Created by: The International Monetary Fund
Level: Intermediate

Related Online Courses
An analysis of nationally representative survey data on the prevalence of violence against children in 96 countries estimates that 1 billion children globally – over half of all children aged 2... more
Ready to earn a professional certificate and stand out in your field? If you’ve gained a clear, comprehensive understanding of the courses, your next step is to complete the Financial Accounting P... more
The skills you learned in the military will go a long way toward helping you succeed in college, but if you’re looking for some extra support – or an academic tune-up – then you’ll find it in this... more
Identifying effective policies is a process of trial and error, innovation and experimentation, success and failure. This course provides the basic scientific and statistical tools needed to... more
Aunque las alianzas siempre han sido una herramienta clave para avanzar hacia el desarrollo sostenible, los últimos años han destacado aún más la importancia de trabajar de manera colaborativa. Los... more