书目名称 | Observers and Macroeconomic Systems |
副标题 | Computation of Polic |
编辑 | Ric D. Herbert |
视频video | |
丛书名称 | Advances in Computational Economics |
图书封面 |  |
描述 | .Observers and Macroeconomic Systems. is concerned with thecomputational aspects of using a control-theoretic approach to theanalysis of dynamic macroeconomic systems. The focus is on using aseparate model for the development of the control policies. Inparticular, it uses the observer-based approach whereby the separatemodel learns to behave in a similar manner to the economic systemthrough output-injections. .The book shows how this approach can be used to learn theforward-looking behaviour of economic actors which is a distinguishingfeature of dynamic macroeconomic models. It also shows how it can beused in conjunction with low-order models to undertake policy analysiswith a large practical econometric model. This overcomes some of thecomputational problems arising from using just the large econometricmodels to compute optimal policy trajectories. .The work also develops visual simulation software tools that can beused for policy analysis with dynamic macroeconomic systems. |
出版日期 | Book 1998 |
关键词 | Simulation; econometrics; macroeconomics; optimal control; strategy |
版次 | 1 |
doi | https://doi.org/10.1007/978-1-4615-5583-4 |
isbn_softcover | 978-1-4613-7554-8 |
isbn_ebook | 978-1-4615-5583-4Series ISSN 0929-130X |
issn_series | 0929-130X |
copyright | Springer Science+Business Media New York 1998 |