Saint-Paul, Gilles (2012) Economic Science and Political Influence. TSE Working Paper, n. 12-365, Toulouse
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Abstract
When policymakers and private agents use models, the economists who de-
sign the model have an incentive to alter it in order infuence 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 mea-
surement infrastructures such as national statisticall 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.
Item Type: | Monograph (Working Paper) |
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Language: | English |
Date: | 27 November 2012 |
Place of Publication: | Toulouse |
Uncontrolled Keywords: | Ideology, Macroeconomics modelling, Self-confirming equilibria, Polarization, Autocoherent Models, Intellectual Competition, Degenerative Research programs, Identification |
JEL Classification: | A11 - Role of Economics; Role of Economists; Market for Economists E6 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook |
Subjects: | B- ECONOMIE ET FINANCE |
Divisions: | TSE-R (Toulouse) |
Institution: | Universite Toulouse 1 Capitole |
Site: | UT1 |
Date Deposited: | 09 Jul 2014 17:31 |
Last Modified: | 02 Apr 2021 15:47 |
OAI Identifier: | oai:tse-fr.eu:26617 |
URI: | https://publications.ut-capitole.fr/id/eprint/15466 |