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ECONOMIC SCIENCE AND POLITICAL INFLUENCE

Saint-Paul, Gilles

Journal of the European Economic Association, 2013-10, Vol.11 (5), p.1004-1031 [Revista revisada por pares]

Oxford: Wiley Blackwell

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  • Título:
    ECONOMIC SCIENCE AND POLITICAL INFLUENCE
  • Autor: Saint-Paul, Gilles
  • Materias: A11 ; Bias ; Competition ; Economic conditions ; Economic theory ; Economics and Finance ; Economists ; Humanities and Social Sciences ; Ideology ; Influence ; Political influences ; Public infrastructure ; Studies
  • Es parte de: Journal of the European Economic Association, 2013-10, Vol.11 (5), p.1004-1031
  • Notas: Acknowledgements: This paper is the text of my EEA Congress Schumpeter Lecture, Malaga, August 2012. I am grateful to the President of the EEA, Jordi Gali, for giving me the opportunity to present this work at the congress. This research has benefitted from comments from seminar participants at Princeton, Yale, CERGE, Venice University, Toulouse School of Economics, the European Summer Symposium in Macroeconomics 2011, Gerzensee, and the International Seminar on Macroeconomics 2011, Malta. I also thank Fabrizio Zilibotti, the editor, and one anonymous referee for helpful comments.
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  • Descripción: When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze the role of measurement infrastructures such as national statistical institutes, the extent to which intellectual competition between different schools of thought may lead to polarization of views over some parameters and at the same time to consensus over other parameters, and finally how the attempt to preserve influence can lead to degenerative research programs.
  • Editor: Oxford: Wiley Blackwell
  • Idioma: Inglés

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