New insights into optimal control of nonlinear dynamic econometric models: application of a heuristic approach

DOI10.1016/j.jedc.2012.12.003zbMath1346.62156MaRDI QIDQ318341

Mohammad Hasan, M. Dambrine

Publication date: 5 October 2016

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://www2.wiwi.uni-jena.de/Papers/jerp2012/wp_2012_008.pdf

zbMATH Keywords

optimal control; dynamic programming; nonlinear optimization; differential evolution

Mathematics Subject Classification ID

62P20: Applications of statistics to economics

49N90: Applications of optimal control and differential games

91B64: Macroeconomic theory (monetary models, models of taxation)