Abstract

The development of macro-econometric models is influenced by policy makers and vice versa. In this paper the situation in this field in the Netherlands is sketched. The CPB National Bureau for Economic Policy Analysis plays a special role. While in other countries various institutes and ministries evaluate economic policy and prepare forecasts, in the Netherlands these functions are concentrated within the CPB. This approach holds some (scale) advantages, which should be used to make progress in the evaluation of new problems with which policy makers are confronted.

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