Download or read book Optimal Planning for Economic Stabilization with Policy Constraints written by Jo Sup Chung and published by . This book was released on 1973 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Planning for Economic Stabilization written by Robert S. Pindyck and published by Amsterdam : North-Holland Publishing Company. This book was released on 1973 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal planning for economic stabilization the application of control theory stabilization policy written by Robert S. Pindyck and published by . This book was released on 1973 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Stabilization Policy written by Benjamin M. Friedman and published by Amsterdam : North-Holland Publishing Company ; New York : American Elsevier. This book was released on 1975 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Background of the fundamental approach; Econometric model; Point linearization; Dynamic policy multipliers; Quadratic obtimization-the level problems of I.

Download or read book Optimal Economic Stabilization Policy written by Robert S. Pindyck and published by . This book was released on 1971 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Time Control in Economic Stabilization written by Kada Akacem and published by . This book was released on 1978 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Optimal Economic Stabilization Mix written by Benjamin Gerard Hartzog and published by . This book was released on 1970 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Economic Stabilization Policy Under Uncertainty written by André A. Keller and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Planning of Economic Development in an Open Economy a Dynamic Linear logarithmic Model written by Nancy Heffelfinger Wilson and published by . This book was released on 1970 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Economic Stabilization Policies Under Decentralised Control and Conflicting Objectives written by R. S. Pindyck and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Stabilization Policies written by Jerome L. Stein and published by . This book was released on 1971 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: The approach to economic stabilization policy is indirect, but yields clear cut conclusions for stabilization policy given an equilibrium unemployment rate and the related rate of price change, based upon a steady state relation between these state variables. Define this point as the origin; and vector x measures the deviation of the economy from the desired steady state. The authors formulate a third order dynamic model of the economy in which x is the state. The purpose of the controls is to drive, in some appropriate manner, these three variables to the origin. The authors approach is to insist upon stability and also impose constraints on possible excursions of the transients x. This is done by assigning a cost or penalty function V(x) to a state which is not the desired one, and by insisting that the controls be such that the economy follow a path along which this cost is monotonically decreasing. The authors can bring V(x) monotonically to zero only when some weight is given to each component of x. The authors then present control laws which will reduce this cost monotonically to zero. (Author).

Download or read book The Theory of Quantitative Economic Policy with Applications to Economic Growth Stabilization and Planning written by Karl A. Fox and published by . This book was released on 1973 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Methods in Optimization for Economic Stabilization Policy written by Benjamin Morton Friedman and published by . This book was released on 1971 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Planning Under Transaction Costs and General Equilibrium written by Milton Harris and published by . This book was released on 1974 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mathematics for Stability and Optimization of Economic Systems written by Yasuo Murata and published by Academic Press. This book was released on 2014-05-10 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Theory and Mathematical Economics: Mathematics for Stability and Optimization of Economic Systems provides information pertinent to the stability aspects and optimization methods relevant to various economic systems. This book presents relevant mathematical theorems sufficient to develop important economic systems, including Leontief input–output systems, Keynesian dynamic models, the Ramsey optimal accumulation systems, and von Neumann expanding economic systems. Organized into two parts encompassing nine chapters, this book begins with an overview of useful theorems on matrices, eigenvalue problems, and matrices with dominant diagonals and P-matrices. This text then explores the linear transformations on vector spaces. Other chapters consider the Hawkins–Simon theorem concerning non-negative linear systems. This book discusses as well the dual linear relations and optimization methods applicable to inequality economic systems. The final chapter deals with powerful optimal control method for dynamical systems. This book is a valuable resource for mathematicians, economists, research workers, and graduate students.

Download or read book Optimal Control Methods for Linear Discrete Time Economic Systems written by Y. Murata and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: As our title reveals, we focus on optimal control methods and applications relevant to linear dynamic economic systems in discrete-time variables. We deal only with discrete cases simply because economic data are available in discrete forms, hence realistic economic policies should be established in discrete-time structures. Though many books have been written on optimal control in engineering, we see few on discrete-type optimal control. More over, since economic models take slightly different forms than do engineer ing ones, we need a comprehensive, self-contained treatment of linear optimal control applicable to discrete-time economic systems. The present work is intended to fill this need from the standpoint of contemporary macroeconomic stabilization. The work is organized as follows. In Chapter 1 we demonstrate instru ment instability in an economic stabilization problem and thereby establish the motivation for our departure into the optimal control world. Chapter 2 provides fundamental concepts and propositions for controlling linear deterministic discrete-time systems, together with some economic applica tions and numerical methods. Our optimal control rules are in the form of feedback from known state variables of the preceding period. When state variables are not observable or are accessible only with observation errors, we must obtain appropriate proxies for these variables, which are called "observers" in deterministic cases or "filters" in stochastic circumstances. In Chapters 3 and 4, respectively, Luenberger observers and Kalman filters are discussed, developed, and applied in various directions. Noticing that a separation principle lies between observer (or filter) and controller (cf.

Download or read book The Inflation Targeting Debate written by Ben S. Bernanke and published by University of Chicago Press. This book was released on 2007-11-01 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary policymaking. As the name suggests, in such inflation-targeting regimes, the central bank is responsible for achieving a publicly announced target for the inflation rate. While the objective of controlling inflation enjoys wide support among both academic experts and policymakers, and while the countries that have followed this model have generally experienced good macroeconomic outcomes, many important questions about inflation targeting remain. In Inflation Targeting, a distinguished group of contributors explores the many underexamined dimensions of inflation targeting—its potential, its successes, and its limitations—from both a theoretical and an empirical standpoint, and for both developed and emerging economies. The volume opens with a discussion of the optimal formulation of inflation-targeting policy and continues with a debate about the desirability of such a model for the United States. The concluding chapters discuss the special problems of inflation targeting in emerging markets, including the Czech Republic, Poland, and Hungary.