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DWP: Modelling myopic responses to policy
Putting to one side comments about myopic policy making, this is very interesting.
I found it very hard going at times but, I think, that the model it describes must be being used a lot by policy makers. I suspect that their proposals are being informed by NIBAX and that the underlying assumptions on take-up, expenditure etc are using this when considering effects.
I wonder if we can get hold of a copy under the new Crown Copyright policies.
If you want to read the paper it’s found at http://research.dwp.gov.uk/asd/asd5/report_abstracts/wp_abstracts/wpa_088.asp
DWP: Modelling myopic responses to policy - An enhancement to the NIBAX model