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Policy and Evidence

Author

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  • Raghuram G. Rajan

Abstract

There has to be evidence in the policy dialogue. Some may believe that all it takes to convince the body politic of the necessity to choose one policy over another is to present the evidence, complete with careful, well identified tests. Confronted with the evidence, the advocates of misguided policies will simply bow to the superiority of the other side’s arguments and withdraw gracefully. But this is not the real world situation. [10th Statistics Day Conference 2016, Reserve Bank of India, Mumbai]

Suggested Citation

  • Raghuram G. Rajan, 2016. "Policy and Evidence," Working Papers id:11161, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:11161
    Note: Institutional Papers
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    Citations

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    Cited by:

    1. Andrew Filardo & Hans Genberg, 2012. "Monetary Policy Strategies in the Asia and Pacific Region: Which Way Forward?," Chapters, in: Masahiro Kawai & Peter J. Morgan & Shinji Takagi (ed.), Monetary and Currency Policy Management in Asia, chapter 3, Edward Elgar Publishing.
    2. Ashima Goyal & Abhishek Kumar, 2020. "A DSGE Model-Based Analysis of the Indian Slowdown," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 1-38, April.
    3. Jugnu Ansari & Saibal Ghosh, 2021. "Monetary Policy Pass-through, Ownership and Crisis: How Robust is the Indian Evidence?," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 15(4), pages 456-483, November.
    4. Gemson, Josephine, 2021. "Private company acquisitions in the market for corporate control: A comparison between private equity and corporate acquirers," The Quarterly Review of Economics and Finance, Elsevier, vol. 81(C), pages 342-357.
    5. Nitin Kumar & Arvind Shrivastava & D. P. Singh & Purnendu Kumar, 2018. "Determinants of Financial Stress of Indian Banks," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 19(2), pages 210-228, September.

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