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policy evaluation

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Journal Article
History of Political Economy (2014) 46 (4): 545–571.
Published: 01 November 2014
... Park, MD 20742; e-mail: jfrankli@umd.edu . The author would like to thank the anonymous reviewers for their key insights and criticism. Truly Handmaidens to Policy? Evaluating Agricultural Economists’ Claim to a Distinct Tradition of Applied Economics Jonathan S. Franklin...
Journal Article
History of Political Economy (2020) 52 (S1): 191–217.
Published: 01 December 2020
...Chung-Tang Cheng This essay examines how microanalytic simulation (microsimulation) proposed by Guy H. Orcutt emerged as a tool in evaluating public policies. Inspired by the econometric work of Jan Tinbergen, young Orcutt harbored a “Tinbergen dream” in building a model covering the national...
Journal Article
History of Political Economy (2019) 51 (3): 535–556.
Published: 01 June 2019
... .” Brookings Papers on Economic Activity 1975 ( 1 ): 183 – 206 . Gordon Robert J. 1976 . “ Can Econometric Policy Evaluations Be Salvaged?—A Comment ”. In Carnegie-Rochester Conference Series on Public Policy 1 : 47 – 61 . Gordon Robert J. 1984 . “ Supply Shocks and Monetary...
Journal Article
History of Political Economy (2017) 49 (Supplement): 78–102.
Published: 01 December 2017
... Richard J. Ho Mun S. Wilcoxen Peter J. National Tax Journal 68 ( 2 ): 459 – 66 . Ballard Charles L. Fullerton Don Shoven John B. Whalley John . 1985 . A General Equilibrium Model for Tax Policy Evaluation . Chicago : University of Chicago Press for the National...
Journal Article
History of Political Economy (2019) 51 (3): 425–447.
Published: 01 June 2019
... of Credit Rationing ”. American Economic Review 59 : 850 – 72 . Kling Arnold . n.d. “ Memoirs of a Would-Be Macroeconomist .” arnoldkling.com/essays/papers/macromemoir.pdf . Lucas Robert E. 1976 . “ Econometric Policy Evaluation: A Critique .” Carnegie-Rochester Conference...
Journal Article
History of Political Economy (2004) 36 (Suppl_1): 1–11.
Published: 01 December 2004
... of a larger problem. In his important paper “Econometric Policy Evalu- ation: A Critique” (1976), he argued that the failure of the macroecono- metric models in the early 1970s was attributable to a general failure to model the behavior of the individual, rational, optimizing agents that constitute...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 63–90.
Published: 01 January 1997
... to the complexity of the economy, more and more comprehensive models were built. This development was not justified by its results: more comprehensiveness did not lead to better predictions, which was seen as essential for policy evaluation. There is a gap between understanding the economic...
Journal Article
History of Political Economy (2019) 51 (3): 391–400.
Published: 01 June 2019
... Delusion: Metaphor and Dogma in the History of Macroeconomics . Cheltenham, UK : Edward Elgar . Klein Lawrence , ed. 1991 . Comparative Performance of U.S. Econometric Models . Oxford : Oxford University Press . Lucas Robert E. 1976 . “ Econometric Policy Evaluation: A Critique...
Journal Article
History of Political Economy (2009) 41 (3): 545–574.
Published: 01 September 2009
... dependent upon it for the means of effecting its payments” (126–27). However, the Bank became responsible for the coun- try’s fi nancial health, concludes Thornton, and ought to evaluate the macro conditions and determine and implement the appropriate discretionary policy. Thus, Thornton rejects...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 285–303.
Published: 01 December 2009
...Roger J. Sandilands This paper evaluates Solow's neoclassical growth model and related empirical estimates of the sources of growth. Invoking Allyn Young, it is argued that the fundamental sources of growth cannot be measured by the value of factor inputs (including research inputs) without...
Journal Article
History of Political Economy (2000) 32 (1): 174–175.
Published: 01 March 2000
...) the vacuousness of contemporary welfare economics with respect to policy evaluation is due to the stringency of the conditions needed to satisfy the require- ments for Pareto-optimality. Chapter 3, “l930s Market Socialism,” is a discussion of the debates...
Journal Article
History of Political Economy (2017) 49 (Supplement): 127–157.
Published: 01 December 2017
.... 2010 . “ Building Bridges between Structural and Program Evaluation Approaches to Evaluating Policy .” Journal of Economic Literature 48 ( 2 ): 356 – 98 . Hendry D. F. 1980 . “ Econometrics: Alchemy or Science? ” Economica 47 ( 188 ): 387 – 406 . Hirschman D. Berman E...
Journal Article
History of Political Economy (1993) 25 (2): 388–391.
Published: 01 June 1993
... that indicate how behavior will adapt to new policy condi- tions. By contrast, they argue, other econometric models use ad hoc restrictions, and their coefficients are constants; and since new government policies change co- efficients, the models become useless for policy evaluation. Kim then surveys...
Journal Article
History of Political Economy 557–578.
Published: 20 March 2019
.... E. 1972 . “ Expectations and the Neutrality of Money .” Journal of Economic Theory 4 : 103 – 24 . Lucas R. E. 1976 . “ Econometric Policy Evaluation: A Critique ” Carnegie-Rochester Conference Series on Public Policy 5 : 7 – 29 . Lucas R. E. 1980 . Methods...
Journal Article
History of Political Economy (2017) 49 (Supplement): 292–294.
Published: 01 December 2017
... Economics, National Tax Journal, Journal of Economic Perspectives, and many other outlets. His books include A General Equilibrium Model for Tax Policy Evaluation (with Don Fullerton, John B. Shoven, and John Whalley) and Michigan’s Economic Future. Since 2007, he has served as Director...
Journal Article
History of Political Economy (2019) 51 (3): 557–578.
Published: 01 June 2019
...–Holland . Lucas R. E. 1972 . “ Expectations and the Neutrality of Money ”. Journal of Economic Theory 4 : 103 – 24 . Lucas R. E. 1976 . “ Econometric Policy Evaluation: A Critique .” Carnegie-Rochester Conference Series on Public Policy 5 : 7 – 29 . Lucas R. E...
Journal Article
History of Political Economy (2014) 46 (4): 715–717.
Published: 01 November 2014
... Truly Handmaidens to Policy? Evaluating Agricultural Economists’ Claim to a Distinct Tradition of Applied Economics 545 Ludovic Frobert What Is a Just Society? The Answer according...
Journal Article
History of Political Economy (2018) 50 (S1): 303–322.
Published: 01 December 2018
... for Girls: A Policy Experiment in India . Science 335 : 582 – 86 . Beaman Lori Chattopadhyah Raghabendra Duflo Esther Pande Rohini Topalova Petia . 2009 . “ Powerful Women: Does Exposure Reduce Bias? ” Quarterly Journal of Economics 124 ( 4 ): 1497 – 1540 . Bowles...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 189–211.
Published: 01 January 1997
... of information for the individuals within the social system the scientist is studying can serve as that feminine counterpart.10 There are two final points to make about methodological stance. First, most feminist economists also practice from the control stance—policy evaluation is as important...
Journal Article
History of Political Economy (2012) 44 (suppl_1): 226–249.
Published: 01 December 2012
..., as will the time-series behavior of the aggregate variables. The general les- son was that a macroeconometric model fit to aggregate data would not remain stable in the face of a shift in the policy rule and could not, there- fore, be used to evaluate policy counterfactually. In one sense, Lucas merely...