A. J. Preston, A. R. Pagan

The Theory of Economic Policy

Statics and Dynamics

• Broschiertes Buch

Produktbeschreibung

This book provides a unified analysis of the theory of economic policy, presenting static and dynamic aspects of both the fixed and flexible objective policy problems.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 408
• Erscheinungstermin: 18. April 2008
• Englisch
• Abmessung: 229mm x 152mm x 24mm
• Gewicht: 660g
• ISBN-13: 9780521070225
• ISBN-10: 0521070228
• Artikelnr.: 23882196

Inhaltsangabe

Part I. The static theory of policy: 1. A review of the static theory of policy
2. The algebraic structure of fixed objective problems
3. The algebraic structure of flexible objective problems
4. The dynamic policy problem: models and objectives
5. Controllability properties of dynamic policy models
6. Observability properties of dynamic policy models
7. The dynamic theory of stationarity objectives
8. The dynamic theory of path objectives
9. Policy design for path objectives
10. Rational expectations and the theory of policy
Part III. Dynamic flexible objectives: on tracking points and paths: 11. Dynamic finite horizon flexible objective problems
12. Policy existence and uniqueness for infinite horizon flexible objective problems
13. Some stability issues in dynamic policy problems
14. Aftersight.