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An Econometric Business Cycle Model with Rational Expectations: Policy Evaluation Results.
This draft was prepared for the Robert A. Mundell Festschrift Conference, organized by Guillermo Calvo, Rudi Dornbusch, and Maury Obstfeld and held at the World Bank, Washington, D.C., October 24, 1...
ONE OF THE most important advances in monetary policy analysis in the past three decades has been the development and use of economy-wide econometric models that combine forward-looking rational exp...
Nearly all discussions about the appropriate consumption discount rate for climate-change policy evaluation assume that a single discount rate concept applies. We argue that two distinct concepts and ...
This paper compares two different ways of doing policy evaluation: on the one hand, quasi-experimental methods (or "ex-post" evaluations) which exploit the introduction of a reform and identify its ef...
A fundamental distinction in public policy analysis is the distinction between policy formation and policy implementation, or the distinction between policy causes and policy effects. That distin...
Openness may be the key factor underlying the resolution of ethical dilemmas in policy evaluation. The situation is like the blue sky laws that regulate the securities markets. A stockbroker can leg...
The four basic sources can be subclassified in various ways. For example, authority can be meaningfully discussed in terms of expert authority and general public opinion. Authority could also be...
This book is a compilation of papers presented in a seminar onPolicy and project evaluation: context, theory and methods”, held in Brussels in 2000 and which was organized by the Interdisciplinary...

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