Sentence examples for policy ineffectiveness from inspiring English sources

More generally, Lucas's work led to something called the "policy ineffectiveness proposition," the idea that if people have rational expectations, policies that try to manipulate the economy by creating false expectations may introduce more "noise" into the economy but will not improve the economy's performance.

At the same time, policy making cannot simply ignore the existing evidence base or it will run the risk of policy-based evidence, that is, ideologically driven policy ineffectiveness.

Sargent and Wallace's policy ineffectiveness proposition found that economic agents would anticipate inflation and adjust to higher price levels before the influx of monetary stimulus could boost employment and output.

Further research is needed to explore the potential factors underpinning the policy ineffectiveness, and identify the most effective strategies to improve future policy effectiveness.

Furthermore, other factors such as GP's prescribing preference and clinical issues related to switching from ARBs to ACEIs, and patients' choice could not be ruled out as possible reasons for policy ineffectiveness.

This argument, which is known as the "policy-ineffectiveness proposition," helped to discredit Keynesian fine-tuning in some quarters.

Every time, this was due to unduly influential voices claiming some combination of the destructiveness of further policy stimulus, the ineffectiveness of further policy stimulus, or the political corruption from further policy stimulus.

Although this sometimes happens, rational expectations do not always imply policy invariance or ineffectiveness.

There is thus an implementation problem that explains, to some extent, the ineffectiveness of policies in West Africa (Olivier de Sardan, this issue).

The fact that the European hostages were safely home underscored the ineffectiveness of American policy.

Most of Latin America already has been alienated by the timidity and ineffectiveness of our policy.