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A Criterion for Multiperiod Controls in Economic Models with Unknown Parameters
Multiperiod Controls Economic Models
2015/8/5
A Criterion for Multiperiod Controls in Economic Models with Unknown Parameters.
One of the more important questions in the area of quantitative economic
policy concerns the suitability of optimal control theory for economic
stabilization problems. Despite extensive theoretical ...
The Determinants of Economic Policy with Rational Expectations
Economic Policy Rational Expectations
2015/8/5
This paper is a sumaary of remarks for a
panel discussion on "Rational Expectations and
the Control of the Econcatym. After a brief
review of the major issues in this area, it is
argued that the c...
Review of Contemporary Economic Problems 1978.
Economic Theory, Model Size, and Model Purpose.
The criterion of economic performance used in this study is magnitude
of fluctuations in inflation and output around longer term secular trends.
The secular trends themselves are not the immediate f...
Deficits, Economic Stabilization and Growth.
Differences in Economic Fluctuations in Japan, the U.S. and Europe: The Role of Nominal Rigidities
Economic Fluctuations Nominal Rigidities
2015/8/4
This paper examines the differences between economic fluctuations in the
United States and Japan during the period from 1972 through 1986. During this
period the size of the fluctuations in real out...
Comments on ‘The Financial System and Economic Performance’ by Robert C. Merton
Financial System Economic Performance
2015/8/4
Comments on ‘The Financial System and Economic Performance’ by Robert C. Merton.
Stabilization Policy and Long-Term Economic Growth
Stabilization Policy Long-Term Economic Growth
2015/8/4
Stabilization Policy and Long-Term Economic Growth.
Review of Changes in American Economic Policy in the 1980s: Watershed or Pendulum Swing?
American Economic Policy Pendulum Swing
2015/8/4
ECONOMIC POLICY in the 1980s may
eventually become the most studied and
hotly debated of any decade in United States
history, even including the 1930s. Popular
writings about the 1980s economy alr...
Comments on ‘Does Monetary Policy Affect Real Economic Activity: Why Do We Still Ask This Question?’ by Benjamin Friedman
Monetary Policy Economic Activity
2015/8/4
Comments on ‘Does Monetary Policy Affect Real Economic Activity: Why Do We Still Ask This Question?’ by Benjamin Friedman.
Legal Aid in Times of Economic Turmoil: Current Challenges in England and Germany
Economic Turmoil Current Challenges
2015/8/4
For the past decades, the welfare state systems of most developed countries, including Britain and Germany, have been grappling with the task to combine the need for governments to constrain growth in...
The Annual World Bank Conference on Development Economics is a forum for discussion
and debate of important policy issues facing developing countries. The conferences
emphasize the contribution that...
The Bush administration’s emerging market strategy is an interrelated
part of our overall international economic agenda. The agenda
focuses on two goals: increasing economic growth and increasing
e...