Title :
The consumption-tracking theory of macroeconomic systems
Author_Institution :
Tianjin Economic and Technological Development Area, Tianjin, China
fDate :
8/1/1986 12:00:00 AM
Abstract :
A new discrete-time dynamic input-output economic model, the consumption-tracking model, is proposed. This model combines dynamic input-output analysis with modern control techniques. The system objective function is a consumption-tracking criterion based on economic principles.
Keywords :
Discrete-time systems; Economics; Optimal control, linear systems; Tracking; Automatic control; Control system synthesis; Economic forecasting; Feedback; Frequency; Macroeconomics; Optimal control; Robust control; Robust stability; Time varying systems;
Journal_Title :
Automatic Control, IEEE Transactions on
DOI :
10.1109/TAC.1986.1104379
