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Optimal Deterministic and Stochastic Macroeconomic Policies for Slovenia: An Application of the OPTCON Algorithm

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  • Reinhard Neck
  • Gottfried Haber
  • Klaus Weyerstrass

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  • Reinhard Neck & Gottfried Haber & Klaus Weyerstrass, 2010. "Optimal Deterministic and Stochastic Macroeconomic Policies for Slovenia: An Application of the OPTCON Algorithm," Computational Economics, Springer;Society for Computational Economics, vol. 36(1), pages 37-45, June.
    • Handle: RePEc:kap:compec:v:36:y:2010:i:1:p:37-45
    DOI: 10.1007/s10614-010-9211-5
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    References listed on IDEAS

    as
    1. Amman, Hans M & Kendrick, David A, 1999. "Should Macroeconomic Policy Makers Consider Parameter Covariances?," Computational Economics, Springer;Society for Computational Economics, vol. 14(3), pages 263-267, December.
    2. Petit,Maria Luisa, 2009. "Control Theory and Dynamic Games in Economic Policy Analysis," Cambridge Books, Cambridge University Press, number 9780521127158, January.
    3. Klaus Weyerstrass & Gottfried Haber & Reinhard Neck, 2001. "SLOPOL1: A macroeconomic model for Slovenia," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 7(1), pages 20-37, February.
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    Cited by:

    1. Reinhard Neck & Gottfried Haber & Klaus Weyerstrass, 2012. "Optimal Exchange Rate and Fiscal Policies for Slovenia on its Way into the Euro Area," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 10(3 (Fall)), pages 231-243.

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    More about this item

    Keywords

    Optimal control; Econometric model; Macroeconomic policy; Stochastic control; Slovenia; Sensitivity analysis; E5; E6; C5; O5;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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