On economists as policy advisors with applications to Switzerland
Abstract This paper analyses the role of economists in advising political agents. Based on the experience in the recent financial crisis, it starts with the important role of expectations management. Economists should make clear that precise forecasts are not possible but that application of economi...
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2018-01-01
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Series: | Swiss Journal of Economics and Statistics |
Online Access: | http://link.springer.com/article/10.1186/s41937-017-0009-4 |