- Title
- What Does the Public Know about Economic Policy, and How Does It Know It?
- Author(s)
- Alan S. Blinder Alan Blinder (Princeton University)
- Alan B. Krueger Alan Krueger (Princeton University)
- Abstract
- A long tradition in economic theory models economic policy decisions as solutions to optimization problems solved by rational and well-informed agents: A single policymaker minimizes a loss function subject to some constraints. Another body of literature models policy decisions as if they were made by well-informed voters in elections of some sort.
- Creation Date
- 2004-05
- Section URL ID
- CEPS
- Paper Number
- 99
- URL
- https://gceps.princeton.edu/wp-content/uploads/2017/01/99blinderkrueger.pdf
- File Function
- Jel
- D12, D72, E60
- Keyword(s)
- Suppress
- false
- Series
- 3