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Macroeconomic Analysis and Parametric Control of a Regional Economic Union (Hardcover, 1st ed. 2020)
Loot Price: R2,670
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Macroeconomic Analysis and Parametric Control of a Regional Economic Union (Hardcover, 1st ed. 2020)
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This book is a further development of the theory of parametric
control. It includes: numerical methods of testing (verification)
of software implementation of mathematical models by assessing the
stability of mappings defined by the model; sufficient conditions
for the existence of the solutions of some types of problems of
dynamic optimization; the existence of continuous dependence of
optimal values of criteria on exogenous functions and parameters;
and the existence of points of bifurcation of extremals of such
problems. It demonstrates that this theory offers a constructive
methodology for middle-term forecasting, macroeconomic analysis and
estimation of optimal values of economic characteristics on the
basis of advanced global mathematical models, namely Computable
General Equilibrium (CGE) Model, Dynamic Stochastic General
Equilibrium (DSGE) Model, and Hybrid Econometric model. In
addition, it includes conditions for the applicability of the
computational experiments' results, into practice.
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