279 research outputs found
A survey of economic forecasting techniques
Decision making involves analysis of relevant factors in order to determine a course of action. Since the action to he taken carries into the future, a decision must take into consideration the future status of and effects of any changes in these relevant factors. If these factors are likely to change in the future, the effect of any change must be considered now, before the decision is made. The problem is that it is difficult to foresee these changes. Because the future cannot be known perfectly, and because the correctness of a decision depends on the future status of relevant factors, the decision-makers must often rely on a forecast. As Theil puts it quite simply, ”A forecast or a prediction...is defined as a statement concerning unknown, particularly future, events.
Recommended from our members
108th Congress
This report provides an overview of District of Columbia-related policy and funding issues of interest to Congress. The United States Constitution gives Congress exclusive legislative authority over the affairs of the District of Columbia. As a result, the 108th Congress may debate a number of funding, governance, and constitutional issues affecting the District of Columbia, including approval of the city’s budget, enactment of a general federal payment, budget autonomy for the city, and voting representation in Congress. In addition, Congress will consider whether to continue to include in the District’s appropriations bills for FY2003 and FY2004, a number of controversial general provisions that District officials claim infringe on the principles of home rule
Recommended from our members
District of Columbia: FY2006 Appropriations
This report is a guide to the regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the Senate Appropriations Subcommittee on the District of Columbia and the House Appropriations Subcommittee on Transportation, the Treasury, Housing and Urban Development, the Judiciary, the District of Columbia, the Executive Office of the President, and Independent Agencies. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant
Recommended from our members
Community Development Block Grant Funds in Disaster Relief and Recovery
In the aftermath of previous, presidentially-declared disasters, Congress has used the Community Development Block Grant (CDBG) program to help states and local governments finance recovery efforts, whether from natural or man-made disasters. This report will provide a general overview of the CDBG program and its use in disaster relief
Recommended from our members
District of Columbia: FY2006 Appropriations
This report is a guide to the regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the Senate Appropriations Subcommittee on the District of Columbia and the House Appropriations Subcommittee on Transportation, the Treasury, Housing and Urban Development, the Judiciary, the District of Columbia, the Executive Office of the President, and Independent Agencies. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant
Recommended from our members
Economic Development Administration: A Review of Elements of Its Statutory History
This report discusses the Economic Development Administration, which was created with the enactment of the Public Works and Economic Development Act of 1965 and has a 45-year history of supporting job creation and long-term economic recovery efforts in the nation's economically distressed areas
Recommended from our members
Appropriations for FY2003: District of Columbia
Appropriations are one part of a complex federal budget process that includes budget resolutions, appropriations (regular, supplemental, and continuing) bills, rescissions, and budget reconciliation bills. This report is a guide to one of the 13 regular appropriations bills that Congress passes each year. It is designed to supplement the information provided by the House and Senate Interior Appropriations Subcommittees
Recommended from our members
112th Congress
This report discusses funding Issues in the 112th Congress and Recent Funding History The Administration's FY2012 budget proposes to: (1) increase funding for CDBG formula grants by 10.5% from 3.691 billion; (2) eliminate funding for the Neighborhood Initiative and Economic Development Initiative programs; (3) eliminate funding for Section 107 activities; (4) transfer its Sustainable Communities Initiative to a new stand alone account; and (5) convert Section 108 loan guarantees to a fee-based program
Recommended from our members
Appropriations for FY2001: District of Columbia
Appropriations are one part of a complex federal budget process that includes budget resolutions, appropriations (regular, supplemental, and continuing) bills, rescissions, and budget reconciliation bills. This report is a guide to one of the 13 regular appropriations bills that Congress passes each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittees on the District of Columbia Appropriations
Recommended from our members
112th Congress
This report discusses funding issues in the 112th Congress and recent funding history. The Administration's FY2012 budget proposes to: (1) increase funding for CDBG formula grants by 10.5% from 3.691 billion; (2) eliminate funding for the Neighborhood Initiative and Economic Development Initiative programs; (3) eliminate funding for Section 107 activities; (4) transfer its Sustainable Communities Initiative to a new stand alone account; and (5) convert Section 108 loan guarantees to a fee-based program
- …