A feedback policy for a modified Samuelson–Hicks model

DOI10.1080/00207720410001714158MaRDI QIDQ4828706zbMATH OpenOpenAlexFDO

Authors

Publication date 26 November 2004

Published in International Journal of Systems Science. Principles and Applications of Systems and Integration (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/00207720410001714158

zbMATH Keywords

investmentstabilizationconsumptiontracking\(\delta\)-operatorincomeSamuelson-Hicks modelnonlinear model matching problem

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Application models in control theory (93C95) Stabilization of systems by feedback (93D15)

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Cites work

• A description of 2-dimensional discrete-time polynomial dynamics
• Adaptive filtering prediction and control.
• BIBO stability criteria for a certain class of discrete nonlinear systems
• Local Controllability of a Decentralized Economic System
• Resolution of chaos with application to a modified Samuelson model
• The model matching problem for a certain class of nonlinear systems

Cited in

(3)

• Stabilization with feedback control in the Kaldor economic model
• Bubble-free policy feedback rules
• Price stabilization using buffer stocks

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