Control Methods and Quantitative Economic Policy

Mark Salmon and Peter Young

Chapter 5 in Optimal Control for Econometric Models, 1979, pp 74-105 from Palgrave Macmillan

Abstract: Abstract Our intention in the present paper is to emphasise certain issues which have been neglected in the literature but which will have important implications on the practical application of control methodology to economic management.

Keywords: Closed Loop; Close Loop System; Econometric Model; Control System Design; Model Misspecification (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-16092-1_5

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DOI: 10.1007/978-1-349-16092-1_5

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