## Optimal Control and System Theory in Dynamic Economic Analysis, Volume 1 |

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### Contents

State Space Models | 13 |

Stability of Dynamic Systems | 119 |

DETERMINISTIC DYNAMIC ECONOMIC | 131 |

Copyright | |

17 other sections not shown

### Common terms and phrases

adjustment aggregation analysis Aoki Appendix approximation assignment assume assumption asymptotically becomes behavior Chapter completely components compute condition consider constant cost decision decoupling defined definition Denote depends derive described desired determined difference equation differential equation discussed distribution dynamic systems economic effects eigenvalues equilibrium estimate example excess demand exists expected expression finite firm function given governed hence independent initial instrument interest introduced known later linear macroeconomic market clearing matrix mean money stock nonlinear nonsingular Note observability obtain optimal output parameter path period possible probability problem processes random rationing representation representative require roots satisfies schedule solution stability state-space stochastic sufficient supply Suppose target variables Theorem tion trader transform values vector zero