Marcel Boyer, Professor Emeritus at the Université de Montréal and CIRANO Fellow, and Christian Gollier, Researcher at the Toulouse School of Economics, written a commentary for the U.S. Office of Management and Budget (OMB) on proposed reforms to improve cost-benefit studies for regulatory changes and public project evaluations.

In this document they comment the issues of these reforms.

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The role of the U.S. Office of Management and Budget (OMB) is to assist the President in preparing the federal budget, to evaluate the effectiveness of agency programs, policies and procedures, and to ensure that agency reports, rules, testimony and legislative proposals are consistent with the President's budget and Administration policies.