EAN: 9783030322076

MACROECONOMIC ANALYSIS AND PARAMETRIC CONTROL O...

This book is a further development of the theory of parametric control. It includes: numerical
methods of testing (verification) of software implementation of mathematical models by
assessing the stability of mappings defined by the model  sufficient conditions for the
existence of the solutions of some types of problems of dynamic optimization  the existence of
continuous dependence of optimal values of criteria on exogenous functions and parameters  and
the existence of points of bifurcation of extremals of such problems. It demonstrates that this
theory offers a constructive methodology for middle-term forecasting  macroeconomic analysis
and estimation of optimal values of economic characteristics on the basis of advanced global
mathematical models  namely Computable General Equilibrium (CGE) Model  Dynamic Stochastic
General Equilibrium (DSGE) Model  and Hybrid Econometric model. In addition  it includes
conditions for the applicability of the computational experiments¿ results  into practice.

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