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Models and methods for economic policy; 60 years of evolution at CPB

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Author Info
Henk Don
Johan Verbruggen ()
Abstract

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.

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File URL: http://www.cpb.nl/eng/pub/cpbreeksen/discussie/55/disc55.pdf
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Publisher Info
Paper provided by CPB Netherlands Bureau for Economic Policy Analysis in its series CPB Discussion Papers with number 55.

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Date of creation: Jan 2006
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Handle: RePEc:cpb:discus:55

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Postal: Postbus 80510, 2508 GM Den Haag
Phone: (070) 338 33 80
Fax: (070) 338 33 50
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Web page: http://www.cpb.nl/
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Related research
Keywords: econometric models; model building; economic policy preparation;

Find related papers by JEL classification:
C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
N10 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - General, International, or Comparative

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Erik Canton & Bert Minne & Ate Nieuwenhuis & Bert Smid & Marc van der Steeg, 2005. "Human Capital, R&D and Competition in Macroeconomic Analysis," Economics Working Papers 038, European Network of Economic Policy Research Institutes. [Downloadable!]
    Other versions:
  2. Laurence J. Kotlikoff & Bernd Raffelhuschen, 1999. "Generational Accounting around the Globe," American Economic Review, American Economic Association, vol. 89(2), pages 161-166, May. [Downloadable!] (restricted)
    Other versions:
  3. Johannes Bollen & Ton Manders & Machiel Mulder, 2004. "Four futures for energy markets and climate change," CPB Special Publications 52, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
  4. Alan Carruth & Andrew Dickerson, 2003. "An asymmetric error correction model of UK consumer spending," Applied Economics, Taylor and Francis Journals, vol. 35(6), pages 619-630, January. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Bos, Frits, 2008. "Uses of National Accounts; History, International Standardization and Applications in the Netherlands," MPRA Paper 9387, University Library of Munich, Germany. [Downloadable!]
  2. Henk Kranendonk & Johan Verbruggen, 2007. "SAFFIER A multi-purpose model of the Dutch economy for short-term and medium-term analyses," CPB Documents 144, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
  3. Frits Bos, 2007. "The Dutch fiscal framework; history, current practice and the role of the CPB," CPB Documents 150, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
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This page was last updated on 2009-11-8.

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