Artikel
Feedback policy rules for government spending: An algorithmic approach
We present an algorithmic approach for the design of fiscal policy rules. In particular, using algorithmic feedback control techniques, we design linear feedback policy rules such that predetermined target levels for GDP and public debt are simultaneously, exactly tracked. We run a number of simulations in order to examine the effects of different policy response rates and the overall effectiveness of the proposed methodology.
- Sprache
-
Englisch
- Erschienen in
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Journal: Journal of Economic Structures ; ISSN: 2193-2409 ; Volume: 6 ; Year: 2017 ; Issue: 5 ; Pages: 1-10 ; Heidelberg: Springer
- Klassifikation
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Wirtschaft
- Thema
-
Fiscal policy
Public debt
Linear feedback control
Algorithmic control
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kostarakos, Ilias
Kotsios, Stelios
- Ereignis
-
Veröffentlichung
- (wer)
-
Springer
- (wo)
-
Heidelberg
- (wann)
-
2017
- DOI
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doi:10.1186/s40008-017-0065-z
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
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Objekttyp
- Artikel
Beteiligte
- Kostarakos, Ilias
- Kotsios, Stelios
- Springer
Entstanden
- 2017
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