Book Cover; Title; Contents; List of illustrations; Notes on contributors; Preface; Acknowledgements; The Tinbergen tradition; The relevance of economic modelling for policy decisions; CPB models and employment policy in the Netherlands; Models and macroeconomic policy in the Netherlands; The IMF monetary model at 40; The variety of experience; Macroeconomic models and policy-making at the Bank of Canada; Policy-making and model development: the case of the Nederlandsche Bank's model MORKMON
Transparency and accountability: empirical models and policy-making at the Reserve Bank of New ZealandModel products and model usage; Modeling the World Economic Outlook at the IMF: a historical review; Policy design and evaluation: EU structural funds and cohesion in the European periphery; Interaction between model builders and policy makers in the Norwegian tradition; Conflicts between macroeconomic forecasting and policy analysis; The interaction process and institutional arrangements; US monetary policy and eco
Summary
This collection provides a picture of how economic modellers and policy makers interact. The book argues that the flow of information is two-way and uses a wealth of international case studies of particular interactions
