Economic Policy Taxonomy

Fuente: arXiv
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Auteurs principaux: Sadykhov, Rem, Goodell, Geoff, Treleaven, Philip
Format: Preprint
Publié: 2025
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author Sadykhov, Rem
Goodell, Geoff
Treleaven, Philip
author_facet Sadykhov, Rem
Goodell, Geoff
Treleaven, Philip
contents This paper proposes a framework for categorizing economic policies in a form of a tree taxonomy. The purpose of this approach is to construct an exhaustive and standardized list of actions that a governing authority has access to and can change to control an economy. This is advantageous from two perspectives: by having an exhaustive list of tools, it becomes easier to construct "complete" models (i.e., models that take in all empirical data and aim to simulate economic dynamics) of an economy and understand what the assumptions of these models are; and by knowing all available actions, economic strategies can be devised that target specific economic performance metrics with an exhaustive list of policies.
format Preprint
id arxiv_https___arxiv_org_abs_2507_03233
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Economic Policy Taxonomy
Sadykhov, Rem
Goodell, Geoff
Treleaven, Philip
General Finance
This paper proposes a framework for categorizing economic policies in a form of a tree taxonomy. The purpose of this approach is to construct an exhaustive and standardized list of actions that a governing authority has access to and can change to control an economy. This is advantageous from two perspectives: by having an exhaustive list of tools, it becomes easier to construct "complete" models (i.e., models that take in all empirical data and aim to simulate economic dynamics) of an economy and understand what the assumptions of these models are; and by knowing all available actions, economic strategies can be devised that target specific economic performance metrics with an exhaustive list of policies.
title Economic Policy Taxonomy
topic General Finance
url https://arxiv.org/abs/2507.03233