On the controllability of continuous-time macroeconomic models

DOI10.1007/BF01283154MaRDI QIDQ3220291zbMATH OpenFDO

Authors Hans-Werner Wohltmann

Publication date 1985

Published in Zeitschrift für Nationalökonomie (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/BF01283154

zbMATH Keywords

continuous-time frameworkeconomic policy analysisfunctional reproducibilityimpulse controlsinvertibilitylinear dynamical systemsperfect output controllabilitystate space representationstructure algorithmtarget path controllability

Mathematics Subject Classification ID

Economic growth models (91B62) Controllability (93B05) Linear systems in control theory (93C05) Model systems in control theory (93C99) Input-output approaches in control theory (93D25)

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Cites work

• A Dynamic Generalization of Tinbergen's Theory of Policy
• A Note on Aoki's Conditions for Path Controllability of Continuous-Time Dynamic Economic Systems
• Differential systems involving impulses
• Four Alternative Policies to Restore Balance of Payments Equilibrium
• Further results on output control in the servomechanism sense
• scientific article; zbMATH DE number 5345413 (Why is no real title available?)
• scientific article; zbMATH DE number 3545293 (Why is no real title available?)
• scientific article; zbMATH DE number 3583555 (Why is no real title available?)
• Input–Output Structure of Linear Systems with Application to the Decoupling Problem
• On a Generalization of Tinbergen's Condition in the Theory of Policy to Dynamic Models
• Sufficient Conditions for Control of Target Variables and Assignment of Instruments in Dynamic Macroeconomic Models
• The reproducibility of multivariable systems

Cited in

(10)

• On the set of obtainable reference trajectories using minimum variance control
• On dynamic decoupling and dynamic path controllability in economic systems
• Dynamic path controllability in economic models. From linearity to nonlinearity
• scientific article; zbMATH DE number 440588 (Why is no real title available?)
• Controllability and the theory of economic policy: a structural approach
• scientific article; zbMATH DE number 4164515 (Why is no real title available?)
• How Should Control Theory Be Used to Calculate a Time-Consistent Government Policy?
• Function space dependent criteria for target path controllability of dynamical systems
• scientific article; zbMATH DE number 5234232 (Why is no real title available?)
• Dynamic path controllability in economic models

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