Showing 1 - 8 of 8
for the first time in the history of German employment promotion that evaluation should be an integral part of the … – evaluation itself has mistakenly been understood by the legislator as a pure accounting exercise. We discuss this problem from … the perspective of the recent evaluation literature in economics and statistics, thus providing a frame of reference for …
Persistent link: https://www.econbiz.de/10010262390
labour market policies (ALMP) are the basis for a growing interest in evaluating these measures. This paper intends to … explain the need for evaluation on the micro- and macroeconomic level, introduce the fundamental evaluation problem and … solutions to it, give an overview of the newer developments in evaluation literature and finally take a look on empirical …
Persistent link: https://www.econbiz.de/10010262444
Countries often spend billions on university research. There is growing interest in how to assess whether that money is well spent. Is there an objective way to assess the quality of a nation's world-leading science? I attempt to suggest a method, and illustrate it with modern data on economics....
Persistent link: https://www.econbiz.de/10010269637
In this paper we investigate the comparative properties of empirically-estimated monetary models of the U.S. economy. We make use of a new data base of models designed for such investigations. We focus on three representative models: the Christiano, Eichenbaum, Evans (2005) model, the Smets and...
Persistent link: https://www.econbiz.de/10012757616
-based evaluation of projects is unlikely to lead to scientific progress in the understanding of economic development. I welcome recent … trends in development experimentation away from the evaluation of projects and towards the evaluation of theoretical …
Persistent link: https://www.econbiz.de/10012757925
This paper compares the P-bar model of price adjustment with the currently dominant Calvo specification. Theoretically, the P-bar model is more attractive as it depends upon adjustment costs for physical quantities rather than nominal prices, while incorporating a one-period information lag....
Persistent link: https://www.econbiz.de/10012758598
While dynamic stochastic general equilibrium (DSGE) models for monetary policy analysis have come a long way, there is considerable difference of opinion over the role these models should play in the policy process. The paper develops three main points about assessing the value of these models....
Persistent link: https://www.econbiz.de/10013109444
This chapter provides a selective review of some contemporary approaches to program evaluation. One motivation for our … examine some commonly employed evaluation strategies, and assess them with a common set of criteria for "internal validity …", the foremost goal of an ex post evaluation. In some cases, we also provide some concrete illustrations of how internally …
Persistent link: https://www.econbiz.de/10013143173