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Empirical Models and Policy Making - Interaction and Institutions (Hardcover)
Loot Price: R5,279
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Empirical Models and Policy Making - Interaction and Institutions (Hardcover)
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It has been held that when economic policy makers use economic
models, there is a one way flow of information from the models to
policy analysis. This text challenges this assumption, recognizing
that in practice the requirements and questions of policy makers
play an important role in the development and revision of those
very models. Written by highly-placed practitioners and academic
economists, it provides a picture of how modellers and policy
makers interact with depth, insight and conviction. It offers
international case studies of particular interactions between
models and policy making, exploring questions such as: how does
interaction work? What roles do different professional groups play
in interaction? What strategies make the use of models in policy
preparation successful? What insights can sociologists and
historians give on the interaction between models and policy
makers?
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