Observers and Macroeconomic Systems

Name: Observers and Macroeconomic Systems
Brand: Springer-Verlag New York Inc.
SKU: 9781461375548
Price: 5079 CZK
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Computation of Policy Trajectories with Separate Model Based Control

Autor: Ric D. Herbert

Jazyk:

Vazba: Brožovaná

Vydavatel: Springer-Verlag New York Inc.

Dostupnost: Skladem u dodavatele v malém množství

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Observers and Macroeconomic Systems is concerned with the computational aspects of using a control-t...

Informace o knize

Autor

Ric D. Herbert

Jazyk

Angličtina

Vazba

Kniha - Brožovaná

Vydáno

2012

Stránek

309

EAN

9781461375548

ISBN

1461375541

Enbook ID

02259142

Vydavatel

Springer-Verlag New York Inc.

Hmotnost

538

Rozměry

160 x 240 x 19

Kompletní popis

Observers and Macroeconomic Systems is concerned with the computational aspects of using a control-theoretic approach to the analysis of dynamic macroeconomic systems. The focus is on using a separate model for the development of the control policies. In particular, it uses the observer-based approach whereby the separate model learns to behave in a similar manner to the economic system through output-injections. §The book shows how this approach can be used to learn the forward-looking behaviour of economic actors which is a distinguishing feature of dynamic macroeconomic models. It also shows how it can be used in conjunction with low-order models to undertake policy analysis with a large practical econometric model. This overcomes some of the computational problems arising from using just the large econometric models to compute optimal policy trajectories. §The work also develops visual simulation software tools that can be used for policy analysis with dynamic macroeconomic systems.

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Observers and Macroeconomic Systems

Computation of Policy Trajectories with Separate Model Based Control

Informace o knize

Kompletní popis

Mohlo by vás zajímat

Zákaznicí kteří koupili tuto knihu koupili také