The Excel-file data.xlsx contains the following information: FET0 Forecast Error of Tax Revenue Forecasts h=0 FET1 Forecast Error of Tax Revenue Forecasts h=1 FET2 Forecast Error of Tax Revenue Forecasts h=2 FET3 Forecast Error of Tax Revenue Forecasts h=3 FET4 Forecast Error of Tax Revenue Forecasts h=4 FETQY0 Forecast Error of Tax Ratio Forecast h=0 FETQY1 Forecast Error of Tax Ratio Forecast h=1 FETQY2 Forecast Error of Tax Ratio Forecast h=2 FETQY3 Forecast Error of Tax Ratio Forecast h=3 FETQY4 Forecast Error of Tax Ratio Forecast h=4 FEY0 Forecast Error of GDP Forecast h=0 FEY1 Forecast Error of GDP Forecast h=1 FEY2 Forecast Error of GDP Forecast h=2 FEY3 Forecast Error of GDP Forecast h=3 FEY4 Forecast Error of GDP Forecast h=4 T0 Forecast of Tax Revenue Growth Rate h=0 T1 Forecast of Tax Revenue Growth Rate h=1 T2 Forecast of Tax Revenue Growth Rate h=2 T3 Forecast of Tax Revenue Growth Rate h=3 T4 Forecast of Tax Revenue Growth Rate h=4 TQY0 Forecast of Tax Ratio h=0 TQY1 Forecast of Tax Ratio h=1 TQY2 Forecast of Tax Ratio h=2 TQY3 Forecast of Tax Ratio h=3 TQY4 Forecast of Tax Ratio h=4 Y0 Forecast of GDP Growth Rate h=0 Y1 Forecast of GDP Growth Rate h=1 Y2 Forecast of GDP Growth Rate h=2 Y3 Forecast of GDP Growth Rate h=3 Y4 Forecast of GDP Growth Rate h=4 TAXLAW0 Projected Change in Tax Law in Year t TAXLAW1 Projected Change in Tax Law During h=1 TAXLAW2 Projected Change in Tax Law During h=2 TAXLAW3 Projected Change in Tax Law During h=3 TAXLAW4 Projected Change in Tax Law During h=4 UNIFICATION Dummy for the Period after the German Reunification EURO Dummy for the Period after the Introduction of the Euro GROWTH Real GDP Growth Rate PARTISAN Dummy for Government Ideology (=1 if Chancellor is Social Democrat) CYCLE Ifo Index (Since 1969) DEFICIT Deficit (as a share of GDP) ELECTION Dummy for Election Year Software used for analysis: Eviews