Authors:

  • Maximilian Kasy

Excerpt

Using data to inform policy. Maximilian Kasy, June 16, 2014, Paper. "In this paper, a general framework is proposed for the use of (quasi-) experimental data when choosing policies such as tax rates or the level of inputs in a production process. The data are used to update expectations about social welfare as a function of policy, and the policy is chosen to maximize expected social welfare. We characterize the properties of the implied decision function..." Link Verified October 13, 2014