Macroeconomic Analysis and Parametric Control of a National Economy

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Publisher : Springer Science & Business Media
ISBN 13 : 1461444608
Total Pages : 296 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Macroeconomic Analysis and Parametric Control of a National Economy by : Abdykappar A. Ashimov

Download or read book Macroeconomic Analysis and Parametric Control of a National Economy written by Abdykappar A. Ashimov and published by Springer Science & Business Media. This book was released on 2012-11-08 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​​​​​This is a sequel to the book by Dr. A. Ashimov and his colleagues, Macroeconomic Analysis and Economic Policy Based on Parametric Control. The authors have expanded both the developed mathematical apparatus and the scope of problems and applications stemming from the practice of steering a national economy of a small country in the dynamic environment of the international economic order. The developed theoretical foundation is used in Chapter 1 to suggest a decision support system operating in the framework of state economic policy making. Chapter 2 presents various mathematical models built on the basis of the available statistical data and provides quality assessment of these models. Parametric control problems are being formulated on the basis of these models as problems of mathematical programming, and the obtained solutions are subjected to analyses and interpretations. This is demonstrated by the analysis of the effect of uncontrollable factors on the problem solutions. Chapter 3 is aimed at the modelling and analysis of cyclic phenomena in economics and their structural stability. Chapter 4 presents solutions of specific problems of national economy and analysis and interpretation of their solutions. In summary, the authors formulate comprehensive mathematical models of some critical mechanisms in micro economics previously known only on a qualitative level. They provide vigorous mathematical analysis of the models that justifies their applicability for the formulation of parametric control problems, and the existence of model-based solutions. The complexity of the resultant problems is addressed by the formulation of the appropriate algorithms. The described methodology leads to the development of computer-based decision support systems.​

Macroeconomic Analysis and Economic Policy Based on Parametric Control

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Publisher : Springer Science & Business Media
ISBN 13 : 146141153X
Total Pages : 276 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Macroeconomic Analysis and Economic Policy Based on Parametric Control by : Abdykappar A. Ashimov

Download or read book Macroeconomic Analysis and Economic Policy Based on Parametric Control written by Abdykappar A. Ashimov and published by Springer Science & Business Media. This book was released on 2011-11-25 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the transition to free economy, governments of the former Soviet republics realized that in spite of becoming a part of the shaky international economic order, their individual economic success can be assured by rational national economic policies that in addition to the fundamental law of supply and demand govern the economic mechanism sensitive to both external and internal phenomena. Originally published in Russian and now translated in English, this book by Dr. A. Ashimov and his colleagues offers a novel theory providing a numerically-justifiable approach to the solution of major economy control problems that are faced by virtually every government in the world. First, they developed and validated numerous mathematical models describing complex interactions between economic and social factors thus enabling the decision makers to foresee the outcomes of their decisions. Second, on the basis of these models the authors formulated the appropriate control problems that could be interpreted as achieving the transition to the desirable economic regimes and maintaining these regimes in spite of initial conditions and both external and internal perturbations. It should be noted that due to the inherent uncertainty introduced by the use of statistical models, the nonlinearity of the underlying phenomena and the intention to obtain the optimal solutions, the solution process becomes quite intricate and calls for the application of the most sophisticated techniques offered in advanced control theory. The authors utilized the most instrumental statistical model validation techniques; they established sufficient conditions for the existence of optimal solutions of the relevant control problems; and they skillfully combined the applications of the phase space formalism, system stability analysis, and the methods of functional analysis. Finally, they developed algorithms resulting in the optimal problem solutions, thus offering economic policy makers a dependable decision support tool. Macroeconomic Analysis and Economic Policy Based on Parametric Control offers a novel, highly mathematical approach to the solution of very realistic economy control problems. It presents a good example of the application of mathematical modeling, advanced control theory, and model-based decision making that could be adopted by researchers and graduate students specializing in economics, control, and relevant areas of research, addressing their own research problems.

Macroeconomic Analysis and Parametric Control of a Regional Economic Union

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Publisher : Springer Nature
ISBN 13 : 303032205X
Total Pages : 371 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Macroeconomic Analysis and Parametric Control of a Regional Economic Union by : Abdykappar A. Ashimov

Download or read book Macroeconomic Analysis and Parametric Control of a Regional Economic Union written by Abdykappar A. Ashimov and published by Springer Nature. This book was released on 2020-02-13 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Macroeconomic Analysis and Economic Policy Based on Parametric Control

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Publisher :
ISBN 13 : 9781461411543
Total Pages : 265 pages
Book Rating : 4.4/5 (115 download)

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Book Synopsis Macroeconomic Analysis and Economic Policy Based on Parametric Control by : Abdykappar A. Ashimov

Download or read book Macroeconomic Analysis and Economic Policy Based on Parametric Control written by Abdykappar A. Ashimov and published by . This book was released on 2011-11-25 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Macroeconomic Analysis And Policy: A Systematic Approach

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Publisher : World Scientific
ISBN 13 : 9813223847
Total Pages : 244 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Macroeconomic Analysis And Policy: A Systematic Approach by : Joshua E Greene

Download or read book Macroeconomic Analysis And Policy: A Systematic Approach written by Joshua E Greene and published by World Scientific. This book was released on 2017-12-26 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a systematic approach to analyzing macroeconomic developments, focusing on macroeconomic accounts, analysis, and the effects of selected policies on a nation's economy. The first part of the book describes the data, accounts, and analysis of the four main macroeconomic sectors — real, external, fiscal, and monetary — and discusses the accounting and economic relations among these sectors, using a flow of funds approach. Key indicators are presented for each sector and used to show how macroeconomic developments can be assessed and problems identified.The second part of the book discusses fiscal, monetary, and exchange rate policy and their economic implications. These policies, along with selected structural reforms, are compared along several dimensions and shown how they can be used, in various combinations or individually, to address a variety of macroeconomic difficulties.

Information Systems Architecture and Technology: Proceedings of 36th International Conference on Information Systems Architecture and Technology – ISAT 2015 – Part II

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Publisher : Springer
ISBN 13 : 3319285610
Total Pages : 244 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Information Systems Architecture and Technology: Proceedings of 36th International Conference on Information Systems Architecture and Technology – ISAT 2015 – Part II by : Adam Grzech

Download or read book Information Systems Architecture and Technology: Proceedings of 36th International Conference on Information Systems Architecture and Technology – ISAT 2015 – Part II written by Adam Grzech and published by Springer. This book was released on 2016-02-23 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This four volume set of books constitutes the proceedings of the 36th International Conference Information Systems Architecture and Technology 2015, or ISAT 2015 for short, held on September 20–22, 2015 in Karpacz, Poland. The conference was organized by the Computer Science and Management Systems Departments, Faculty of Computer Science and Management, Wroclaw University of Technology, Poland. The papers included in the proceedings have been subject to a thorough review process by highly qualified peer reviewers. The accepted papers have been grouped into four parts: Part I—addressing topics including, but not limited to, systems analysis and modeling, methods for managing complex planning environment and insights from Big Data research projects. Part II—discoursing about topics including, but not limited to, Web systems, computer networks, distributed computing, and multi-agent systems and Internet of Things. Part III—discussing topics including, but not limited to, mobile and Service Oriented Architecture systems, high performance computing, cloud computing, knowledge discovery, data mining and knowledge based management. Part IV—dealing with topics including, but not limited to, finance, logistics and market problems, and artificial intelligence methods.

Cybernetics and Systems

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Publisher : Routledge
ISBN 13 : 0429944616
Total Pages : 594 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Cybernetics and Systems by : Sergio Barile

Download or read book Cybernetics and Systems written by Sergio Barile and published by Routledge. This book was released on 2018-12-07 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: Society is now facing challenges for which the traditional management toolbox is increasingly inadequate. Well-grounded theoretical frameworks, such as systems thinking and cybernetics, offer general level interpretation schemes and models that are capable of supporting understanding of complex phenomena and are not impacted by the passage of time. This book serves the knowledge society to address the complexity of decision making and problem solving in the 21st century with contributions from systems and cybernetics. A multi-disciplinary approach has been adopted to support diversity and to develop inter- and trans-disciplinary knowledge within the shared thematic of problem solving and decision making in the 21st century. Its conceptual thread is cyber/systemic thinking, and its realisation is supported by a wide network of scientists on the basis of a highly participative agenda. The book provides a platform of knowledge sharing and conceptual frameworks developed with multi-disciplinary perspectives, which are useful to better understand the fast changing scenario and the complexity of problem solving in the present time.

Transactions on Engineering Technologies

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Publisher : Springer Science & Business Media
ISBN 13 : 9400776845
Total Pages : 441 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Transactions on Engineering Technologies by : Gi-Chul Yang

Download or read book Transactions on Engineering Technologies written by Gi-Chul Yang and published by Springer Science & Business Media. This book was released on 2013-11-30 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains revised and extended research articles written by prominent researchers participating in the international conference on Advances in Engineering Technologies and Physical Science was held in Hong Kong, 13-15 March, 2013. Topics covered include engineering physics, engineering mathematics, scientific computing, control theory, automation, artificial intelligence, electrical engineering, and industrial applications. The book offers the state of art of tremendous advances in engineering technologies and physical science and applications, and also serves as an excellent reference work for researchers and graduate students working with/on engineering technologies and physical science and applications.

Macroeconomic Analysis and Stabilization Policy

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Publisher : CUP Archive
ISBN 13 : 9780521215206
Total Pages : 416 pages
Book Rating : 4.2/5 (152 download)

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Book Synopsis Macroeconomic Analysis and Stabilization Policy by : Stephen J. Turnovsky

Download or read book Macroeconomic Analysis and Stabilization Policy written by Stephen J. Turnovsky and published by CUP Archive. This book was released on 1977-08-04 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main focus of this book is the construction and analysis of an integrated macroeconomic model.

Macroeconomic Policy

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Publisher : Routledge
ISBN 13 : 1317379438
Total Pages : 403 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Macroeconomic Policy by : Martin Weale

Download or read book Macroeconomic Policy written by Martin Weale and published by Routledge. This book was released on 2015-10-05 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market. Part 1 is a comparative analysis showing the effects of monetary and fiscal policy on the economy. Real-wage rigidity in the labour market is shown to have important consequences for the working of both types of policy, because it conditions the economy’s response to tax changes. Part 2 presents an econometric model which combines consistent stock-flow accounts with a full range of expectational effects. Part 3 presents an innovative technique for solving rational expectations models with the need for arbitary terminal conditions.

Macroeconomic Analysis for Economic Growth

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Publisher : BoD – Books on Demand
ISBN 13 : 1839698810
Total Pages : 254 pages
Book Rating : 4.8/5 (396 download)

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Book Synopsis Macroeconomic Analysis for Economic Growth by : Musa Jega Ibrahim

Download or read book Macroeconomic Analysis for Economic Growth written by Musa Jega Ibrahim and published by BoD – Books on Demand. This book was released on 2022-09-28 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses the essential principles that guide macroeconomic policy formulation and implementation to stimulate strong economic growth for sustainable development, especially for emerging economies. It includes twelve chapters over three sections: “Macroeconomics of Economic Growth”, “Labour Market and Employment”, and “The Financial System and Macroeconomic Performance”. Key conclusions illustrate that the efficacy of regulatory frameworks to create enabling conditions for nurturing and bolstering robust value-adding production structures anchored on appropriate macroeconomic management are the fundamental building blocks of strong economic growth.

Prices and Quantities

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Publisher : Brookings Institution Press
ISBN 13 : 9780815718727
Total Pages : 388 pages
Book Rating : 4.7/5 (187 download)

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Book Synopsis Prices and Quantities by : Arthur M Okun

Download or read book Prices and Quantities written by Arthur M Okun and published by Brookings Institution Press. This book was released on 2011-10-01 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past decade Arthur M. Okun, like many economists, focused attention on finding ways to fight inflation without sacrificing goals of high employment and prosperity. In recent years the economy has been plagued by stagflation—the simultaneous persistence of high inflation and high unemployment. Traditional methods of aggregate demand management that have been reasonably successful in curing either one or the other of these problems have not been effective, and the nation has not been able to contain inflation even in periods of economic slack. It now seems clear that the economists’ traditional model that presumes short-run flexibility in wages and prices no longer holds for most of the industrial world, and hence the response of inflation to shifts in macroeconomic policy is weak. In this volume Okun seeks to explain that loss of responsiveness by analyzing how modern labor and product markets work and how they are structured. A central feature of Okun’s analysis is implicit contract theory, which recognizes that efficiency-maximizing decisions by business firms reflect long-term considerations as well as short-term changes in markets. His interpretation of microeconomic behavior and macroeconomic performance provides a basis for the design of policies to deal with stagflation.

Global and National Macroeconometric Modelling

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Publisher : OUP Oxford
ISBN 13 : 0191538019
Total Pages : 400 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Global and National Macroeconometric Modelling by : Anthony Garratt

Download or read book Global and National Macroeconometric Modelling written by Anthony Garratt and published by OUP Oxford. This book was released on 2006-08-03 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive description of the state-of-the-art in modelling global and national economies. It introduces the long-run structural approach to modelling that can be readily adopted for use in understanding how economies work, and in generating forecasts for decision- and policy-makers. The book contains a thorough description of recent developments in macroeconomics and econometrics, which should be of interest to advanced students and researchers, but is also written to be accessible and helpful to practitioners in government and the private sector. The long-run structural approach is illustrated with various global and national examples, including a step-by-step description of the development and use of a model of the UK economy. Throughout, the book emphasises the use of macroeconometric modelling in the real world and is written in a way that ensures the techniques illustrated can be replicated or applied in new contexts. The transparency and pragmatism of the modelling approach used within this book will be attractive to practitioners who need manageable and interpretable models to answer specific questions.

Advances in Systems Science

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Publisher : Springer Science & Business Media
ISBN 13 : 3319018574
Total Pages : 796 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Advances in Systems Science by : Jerzy Swiątek

Download or read book Advances in Systems Science written by Jerzy Swiątek and published by Springer Science & Business Media. This book was released on 2013-08-13 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Conference on Systems Science 2013 (ICSS 2013) was the 18th event of the series of international scientific conferences for researchers and practitioners in the fields of systems science and systems engineering. The conference took place in Wroclaw, Poland during September 10-12, 2013 and was organized by Wroclaw University of Technology and co-organized by: Committee of Automatics and Robotics of Polish Academy of Sciences, Committee of Computer Science of Polish Academy of Sciences and Polish Section of IEEE. The papers included in the proceedings cover the following topics: Control Theory, Databases and Data Mining, Image and Signal Processing, Machine Learning, Modeling and Simulation, Operational Research, Service Science, Time series and System Identification. The accepted and presented papers highlight new trends and challenges in systems science and systems engineering.

Empirical Macroeconomics and Statistical Uncertainty

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Publisher : Routledge
ISBN 13 : 1000170845
Total Pages : 121 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Empirical Macroeconomics and Statistical Uncertainty by : Mateusz Pipień

Download or read book Empirical Macroeconomics and Statistical Uncertainty written by Mateusz Pipień and published by Routledge. This book was released on 2020-08-06 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses one of the most important research activities in empirical macroeconomics. It provides a course of advanced but intuitive methods and tools enabling the spatial and temporal disaggregation of basic macroeconomic variables and the assessment of the statistical uncertainty of the outcomes of disaggregation. The empirical analysis focuses mainly on GDP and its growth in the context of Poland. However, all of the methods discussed can be easily applied to other countries. The approach used in the book views spatial and temporal disaggregation as a special case of the estimation of missing observations (a topic on missing data analysis). The book presents an econometric course of models of Seemingly Unrelated Regression Equations (SURE). The main advantage of using the SURE specification is to tackle the presented research problem so that it allows for the heterogeneity of the parameters describing relations between macroeconomic indicators. The book contains model specification, as well as descriptions of stochastic assumptions and resulting procedures of estimation and testing. The method also addresses uncertainty in the estimates produced. All of the necessary tests and assumptions are presented in detail. The results are designed to serve as a source of invaluable information making regional analyses more convenient and – more importantly – comparable. It will create a solid basis for making conclusions and recommendations concerning regional economic policy in Poland, particularly regarding the assessment of the economic situation. This is essential reading for academics, researchers, and economists with regional analysis as their field of expertise, as well as central bankers and policymakers.

Macroeconomic Analysis

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Publisher : New York : Harcourt, Brace & World
ISBN 13 :
Total Pages : 648 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Macroeconomic Analysis by : Edward Shapiro

Download or read book Macroeconomic Analysis written by Edward Shapiro and published by New York : Harcourt, Brace & World. This book was released on 1966 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Dynamic Macroeconomic Analysis

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Publisher : Cambridge University Press
ISBN 13 : 9780521534031
Total Pages : 614 pages
Book Rating : 4.5/5 (34 download)

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Book Synopsis Dynamic Macroeconomic Analysis by : Sumru Altug

Download or read book Dynamic Macroeconomic Analysis written by Sumru Altug and published by Cambridge University Press. This book was released on 2003-11-20 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: A survey of key issues relevant for the analysis of modern dynamic economies.