Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu
Staff Publications

Dynamic Modeling

Subject
State Revenue & Budget
Published
10/10/2023

A dynamic model attempts to quantify the downstream effects of a policy change throughout the economy. Legislative Council Staff (LCS) does not conduct dynamic modeling, which means that fiscal notes and other analyses are limited to the scope of legislation’s direct impacts and, in some cases, direct behavioral effects. This memorandum explains the difference between direct, behavioral, and dynamic effects of policy changes and current LCS practices in analyzing these impacts. Direct, Behavioral, and Dynamic Impacts Legislation can be said to have direct, behavioral, and dynamic fiscal impacts.

Colorado legislature email addresses ending in @state.co.us are no longer active. Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses.  Details