Econometrics for policy analysis: Progress and regress

Research output: Contribution to journalArticlepeer-review

5 Scopus citations

Abstract

Progress, regress, and continuity in quantitative analysis for policy are discussed. We look at the present from the perspective of Tinbergen, Haavelmo, and Keynes. Probability modeling has been in retreat at central banks and elsewhere. New computational methods, though, are making Bayesian analysis of previously intractable problems possible, and at the same time appreciation of the clarity with which Bayesian data analyis integrates with decison-making is spreading.

Original languageEnglish (US)
Pages (from-to)167-175
Number of pages9
JournalEconomist
Volume152
Issue number2
DOIs
StatePublished - Jun 1 2004

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Keywords

  • Econometrics
  • Methodology
  • Policy

Fingerprint Dive into the research topics of 'Econometrics for policy analysis: Progress and regress'. Together they form a unique fingerprint.

Cite this