 Models and methods for economic policy; 60 years of evolution at CPBHenk Don and Johan Verbruggen No 55, CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis Abstract: The Netherlands Bureau for Economic Policy Analysis (CPB) has been involved in econometric model building since its foundation in 1945. The Netherlands Bureau for Economic Policy Analysis (CPB) has been involved in econometric model building since its foundation in 1945. During the 60 years of model building and use reviewed in this Discussion Paper, CPB's models have evolved significantly. Over this period, a shift of emphasis can be observed from econometrics and empiricism to economic theory. New questions from policymakers and new features in the national economy have guided research, while new developments in econometrics and economic theory were taken on board wherever they helped to improve the quality and scope of the analysis. Although considerable progress has been achieved in several spheres, the models continue to be riddled with some long-standing limitations and weaknesses which the model users should take into account. JEL-codes: C50 E10 N10 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cpb:discus:55 Access Statistics for this paper More papers in CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis Contact information at EDIRC. |
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