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Policy evaluation in uncertain economic environments

Brock, William A.; Durlauf, Steven N.; West, Kenneth D. - In: Brookings papers on economic activity : BPEA (2003) 1, pp. 235-322

Persistent link: https://www.econbiz.de/10001794963

Policy evaluation in uncertain economic environments

Brock, William A.; Durlauf, Steven N.; West, Kenneth D. - 2003

Persistent link: https://www.econbiz.de/10001808688

Policy evaluation and empirical growth research

Durlauf, Steven N. - 2003

Persistent link: https://www.econbiz.de/10001827681

Policy evaluation in uncertain economic environments

Brock, William A. (contributor); … - 2003 - [Elektronische Ressource],

Persistent link: https://www.econbiz.de/10001929210

Policy Evaluation in Uncertain Economic Environments

Brock, William A. - 2003

This paper develops a decision-theoretic approach to policy analysis. We argue that policy evaluation should be conducted on the basis of two factors: the policymaker's preferences, and the conditional distribution of the outcomes of interest given a policy and available information. From this...

Persistent link: https://www.econbiz.de/10012468673