Managing Tax Revenue Volatility
- UNCP Author/Contributor (non-UNCP co-authors, if there are any, appear on document)
- Dr. William G. Albrecht, Associate Professor (Creator)
- Institution
- The University of North Carolina at Pembroke (UNCP )
- Web Site: http://www.uncp.edu/academics/library
Abstract: During the initial decade of the twenty first century a number of scholars in the American public administration arena suggested that certain social science methods, particularly those pertaining to portfolio analysis, can play an important role in managing tax revenue volatility. Several discussions involved an adaptation of Modern Portfolio Theory which indicates that investment decisions should be based on the mean-variance characteristics of “portfolios” which are collections of financial assets. This paper contributes to the technical aspect of the dialogue by outlining a procedure which may reduce some tax portfolio analysis complexities when applied to these kinds of revenue decisions.
Managing Tax Revenue Volatility
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Created on 1/5/2013
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Additional Information
- Publication
- Conference Proceedings of the International Academy of Business and Public Administration Disciplines, v. 27, no.1
- Language: English
- Date: 2013
- Keywords
- Public Administration, Tax Revenue, Management, Investments, , Tax Portfolios, Modern Portfolio Theory, Portfolio Analysis