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Training Policymakers in Econometrics

Toronto, Canada 23 June 2022 – 25 June 2022

Sultan Mehmood (New Economic School)

C7 CANCELLED SESSION : Training Policymakers in Soft and Hard Skills
Economics / Institutions and organizations in the public sector

Abstract

Training deputy ministers in the school of thought associated with the credibility revolution increases demand for and responsiveness to causal evidence. Using a simplified Becker Degroot Marshak lottery, we randomize policymakers into an econometrics training program. Treated policymakers’ performance in national research methods and public policy exams improves by 0.5-0.8 sigma and stated valuation of quantitative evidence and commissioning of RCTs in policy making increases by 1.32 sigma and 300%. One year after the training, in their official duties, they are twice as likely to choose and triple the funding for policies for which there is RCT evidence.

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