num_pages: 156
description: In the past fifteen years a new field of research has emerged in the application of control theory methods to macroeconomics and to microeconomics. The papers and books which have resulted from thisresearch are important to the development of theoretical and applied economics. However, they are inaccessible to many with interest in economics because of the technical nature of the discussion. This book attempts to makethe macro­ economic portion of this literature more accessible by providing a discussion of the key issues using words and figures rather than mathematical symbols. I would like to thank my mentors and colleagues in controltheory and economics for their help over the Masanao Aoki, Michael Athans, Yaakov Bar-Shalom, Jeremy Bray, Arthur Bryson, Gregory Chow, Ray Fair, Laurie Henrikson, David Livesey, Raman Mehra, Alfred Norman, RobertPindyck, Franklin Shupp, John Taylor, Lance Taylor, Peter Tinsley, Edison Tse, and Stephen Turnovsky.
language: English
title: Feedback : A New Framework for Macroeconomic Policy (Advanced Studies in Theoretical and Applied Econometrics, Vol 10)
titlecomplete: Feedback : A New Framework for Macroeconomic Policy (Advanced Studies in Theoretical and Applied Econometrics, Vol 10) (Advanced Studies in Theoretical and Applied Econometrics, 10)
publisher: Springer