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Monday, May 18, 2020 | History

4 edition of What does the public know about economic policy, and how does it know it? found in the catalog.

What does the public know about economic policy, and how does it know it?

Alan S. Blinder

What does the public know about economic policy, and how does it know it?

by Alan S. Blinder

  • 381 Want to read
  • 28 Currently reading

Published by IZA in Bonn, Germany .
Written in English

    Subjects:
  • Economic policy -- Public opinion.

  • Edition Notes

    Statementby Alan S. Blinder, Alan B. Krueger.
    SeriesDiscussion paper ;, no. 1324, Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;, no. 1324
    ContributionsKrueger, Alan B.
    Classifications
    LC ClassificationsHD5701
    The Physical Object
    FormatElectronic resource
    ID Numbers
    Open LibraryOL3477706M
    LC Control Number2005617470

      Learn about the impact of economic conditions on government policy and understand how governments engineer economic conditions using money supply. economics or from other areas of economics concerned with policy choice. How, for example, is political economy different than the well-developed theories of public finance and public economics? How does it differ from the theory of public choice? Some Preliminary Definitions A famous definition of economics is that of Lionel Robbins , p File Size: KB.

      Economic growth is an increase in the production of goods and services over a specific period. To be most accurate, the measurement must remove the effects of inflation. Economic growth creates more profit for businesses. As a result, stock prices rise. That gives companies capital to invest and hire more employees. THE RELATIONSHIP BETWEEN EDUCATION, ECONOMY. AND SOCIAL SYSTEMS. by Florian Colceag Introduction Cultures are preserved or transformed due to educational systems. People that are educated in an educational style will behave corresponding to the educational goals induced by the educational system, this creating a social capital.

    Walstad is director of the National Center for Research in Economic Education and Edwin Faulkner Professor of Economics at the University of Nebraska-Lincoln. Since he has been associate editor of the Journal of Economic Education and is a past president of the National Association of Economic Educators. Walstad, who is the author of several hundred scholarly works in economic . Discover the best Economic Policy in Best Sellers. Find the top most popular items in Amazon Books Best Sellers.


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What does the public know about economic policy, and how does it know it? by Alan S. Blinder Download PDF EPUB FB2

Makes the major decisions in virtually all other areas of economic policy: labor laws, tax laws, environmental policy, and social insurance pro-grams, to name just a few   On a variety of major policy issues (e.g., taxes, social security, health insurance), ideology is the most important determinant of public opinion, while measures of self-interest are the least important.

Knowledge about the economy ranks somewhere in by: What Does the Public Know about Economic Policy, and How Does It Know It. Alan S. Blinder, Alan B. Krueger. NBER Working Paper No. Issued in September NBER Program(s):Economic Fluctuations and Growth Program, Public Economics Program.

Public opinion influences politicians, and therefore influences public policy by: What Does the Public Know about Economic Policy, and How Does It Know It. A LONG TRADITION IN economic theory models economic policy deci-sions as solutions to optimization problems solved by rational and well-informed agents:1 a single policymaker minimizes a loss function subject to some constraints.

Another body of literature models. Downloadable. Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self-interest, knowledge, and ideology in public opinion formation.

And how do people learn about economic issues. Using a new, specially-designed survey, we find that most respondents express a strong desire to be well informed on economic policy. Title: What does the public know about economic policy, and how does it know it. Publication Type: Miscellaneous: Year of Publication: Authors: Blinder AS, Krueger AB.

CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): A long tradition in economic theory models economic policy decisions as solutions to optimization problems solved by rational and wellinformed agents: 1 a single policymaker minimizes a loss function subject to some constraints.

Another body of literature models policy decisions as if they were. the economy and economic policy, S is a vector representing the sources of information that the individual uses, and Q is an indicator of the quantity or intensity of information.

The specific definitions are explained in the next section. Specifically, we take it as axiomatic that, first, the political mechanism makes almost all important economic policy decisions, and second, the decisions of elected politicians are heavily influenced by public opinion.

Download Citation | On Jan 1,AS Blinder and others published What does the public know about economic policy, and how does it know.

For each of the five policy areas mentioned above, we now seek to estimate the relative roles of self-interest, ideology, and knowledge in forming public opinion--equation 1 in the model. In some sense this is the natural culmination of our inquiry, since information use and knowledge are, in this context, just way stations on the road to.

First, as Krueger () and Cruijsen et al. ()note, the public acquires much of its knowledge about economics through popular intermediaries (books/newspapers, etc.) but.

Author-Name: Alan S. Blinder & Alan B. Krueger, "What Does the Public Know about Economic Policy, and How Does It Know It?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(1), pages public know economic policy robert blendon economic performance many case single policymaker well-informed agent large gap direct democracy loss function subject public perception thereof school budget policy decision long tradition repre-sentative democracy literature model policy decision homo economicus well-informed voter bond issue.

What Does the Public Know about Economic Policy, and How. Economic policies are typically implemented and administered by the government. Examples of economic policies include decisions made about government spending and taxation, about the redistribution of income from rich to poor, and about the supply of money.

A long tradition in economic theory models economic policy decisions. as solutions to optimization problems solved by rational and wellinformed. agents:1 a single policymaker minimizes a loss function subject.

to some constraints. IZA DP No. What Does the Public Know about Economic Policy, and How Does It Know It. Alan S. Blinder, Alan B. Krueger published in: Brookings Papers on Economic. There may be relevant loss functions rather than just one— and they will not all be the same. Similarly, a complex brew of politicians makes the major decisions in virtually all other areas of economic policy: labor laws, tax laws, environmental policy, and social insurance programs, to name just a few.

5Cited by: Get this from a library. What does the public know about economic policy, and how does it know it?. [Alan S Blinder; Alan B Krueger; National Bureau of Economic Research.] -- "Public opinion influences politicians, and therefore influences public policy decisions.

What are the roles of self-interest, knowledge, and ideology in public opinion formation?. What does the public know about economic policy, and how does it know it. By Alan B.

Krueger, How Does and It Know It. Abstract. A long tradition in economic theory models economic policy decisions as solutions to optimization problems solved by rational and wellinformed agents: 1 a single policymaker minimizes a loss function subject to some Author: Alan B.

Krueger, How Does and It Know It.COVID Resources. Reliable information about the coronavirus (COVID) is available from the World Health Organization (current situation, international travel).Numerous and frequently-updated resource results are available from this ’s WebJunction has pulled together information and resources to assist library staff as they consider how to handle .The authors of this book have worked independently and opinions expresed by them, therefore, are their own, and do not necessarily reflect the opinions of the members or the trustees of The Fraser Institute.

Canadian Cataloguing in Publication Data Gwartney, James D. What everyone should know about economics and prosperity.