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Optimal control and stochastic simulation of large nonlinear models with rational expectations

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Publication:1397409
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DOI10.1023/A:1023947827146zbMath1036.49037MaRDI QIDQ1397409

Ray C. Fair

Publication date: 6 August 2003

Published in: Computational Economics (Search for Journal in Brave)


zbMATH Keywords

optimal controlrational expectationsstochastic simulation


Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Macroeconomic theory (monetary models, models of taxation) (91B64)


Related Items (3)

The linearisation and optimal control of large nonlinear rational expectations models by persistent excitation ⋮ Small noise methods for risk-sensitive/robust economies ⋮ Stochastic control for economic models: past, present and the paths ahead







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