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Using Government Documents to Assess the Influence of Academic Research on Macroeconomic Policy

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  • Thomas Mayer

Abstract

How can one tell whether academic research influences macroeconomic policy? One possibility is to look at government documents that set forth macro policy. This paper looks for such traces in U.S., European and Japanese documents. Because of ease of access it focuses on U.S. documents. Numerous traces of academic research can be found. But the road from government documents to policy is a precarious one; references and allusions to academic literature may merely be rationalizations for policies adopted for other reasons. Similarly, governments may use the results of academic research without this showing up in government documents.

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Paper provided by California Davis - Department of Economics in its series Department of Economics with number 99-04.

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Handle: RePEc:fth:caldec:99-04

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Postal: University of California Davis - Department of Economics. One Shields Ave., California 95616-8578
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Web page: http://www.econ.ucdavis.edu/
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Cited by:
  1. Jose Ripoll, 2003. "National Appointments to Multinational Monetary Policy Making: A Role Conflict?," Macroeconomics 0301009, EconWPA.

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