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Keynes as policy adviser
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ECONIS (ZBW)
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1
The Economist as Plumber
Duflo, Esther
-
2017
As
economists
increasingly help governments design new policies and regulations, they take on an added responsibility … models gives us very little theoretical guidance on what (and how) details will matter. This essay argues that
economists
…
Persistent link: https://www.econbiz.de/10012455468
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2
Fifty Shades of QE : Conflicts of Interest in Economic Research
Fabo, Brian
-
2020
research findings of central bank researchers and academic
economists
regarding the macroeconomic effects of quantitative …
Persistent link: https://www.econbiz.de/10012481153
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3
Modern Macroeconomics in Practice : How Theory is Shaping Policy
Kehoe, Patrick
-
2006
Theoretical advances in macroeconomics made in the last three decades have had a major influence on macroeconomic policy analysis. Moreover, over the last several decades, the United States and other countries have undertaken a variety of policy changes that are precisely what macroeconomic...
Persistent link: https://www.econbiz.de/10012466188
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4
Establishing Credibility : The Role of Foreign Advisors
Edwards, Sebastian
-
2005
In this paper I analyze the role of foreign advisors in stabilization programs. I discuss from an analytical perspective why foreigners may help a developing country's government put in place a successful stabilization program. This framework is used to analyze Chile's experience with...
Persistent link: https://www.econbiz.de/10012467250
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5
Keynesianism, Pennsylvania Avenue Style : Some Economic Consequences of the Employment Act of 1946
De Long, J. Bradford
-
1996
The Employment Act of 1946 created the Council of Economic Advisers as an institution and serves as a convenient marker of a broader change in opinions: the assumption by the federal government of the role of stability the macro- economy. The magnitude of this shift should not be understated:...
Persistent link: https://www.econbiz.de/10012473234
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6
Economic Analysis and the Political Economy of Policy Formation
Bruno, Michael
-
1989
. Among other aspects of this link two points are stressed. One is the relative contribution to knowledge of
economists
inside … first-hand illustrations from the politico-economic experience of Israel, in which government (and
economists
') involvement …
Persistent link: https://www.econbiz.de/10012475858
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7
Keynes on the Sequencing of Economic Policy : Recovery and Reform in 1933
Edwards, Sebastian
-
2018
On December 31 1933, The New York Times published an open letter from John Maynard Keynes to President Franklin D. Roosevelt. In it Keynes encouraged FDR to expand public works through government borrowing. He also criticized FDR's exchange rate policy, and argued that there was a need for lower...
Persistent link: https://www.econbiz.de/10012453347
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8
Predicting Experimental Results : Who Knows What?
DellaVigna, Stefano
-
2016
Academic experts frequently recommend policies and treatments. But how well do they anticipate the impact of different treatments? And how do their predictions compare to the predictions of non-experts? We analyze how 208 experts forecast the results of 15 treatments involving monetary and...
Persistent link: https://www.econbiz.de/10012456113
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9
Bias in Official Fiscal Forecasts : Can Private Forecasts Help?
Frankel, Jeffrey A.
-
2016
Government forecasts of GDP growth and budget balances are generally more over-optimistic than private sector forecasts. When official forecasts are especially optimistic relative to private forecasts ex ante, they are more likely also to be over-optimistic relative to realizations ex post. For...
Persistent link: https://www.econbiz.de/10012456327
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10
Academics as Economic Advisers : Gold, the ‘Brains Trust,’ and FDR
Edwards, Sebastian
-
2015
In this paper I revisit the period leading to the abandonment of the gold standard by the U.S. in 1933. I analyze what the important players - and in particular FDR and the members of the advisory group known as the "Brains Trust" - thought about the gold standard. My conclusion is that during...
Persistent link: https://www.econbiz.de/10012457288
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