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Resilient Control for Macroeconomic Models

This paper derives a macroeconomic resilient control framework that provides the optimal feedback fiscal and monetary policy responses in response to a potentially large negative external incident. We simulate the model for the U.S. under the conditions that prevailed throughout the 2020 economic cr...

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Detalles Bibliográficos
Autores principales: Hudgins, David, Crowley, Patrick M.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8976223/
https://www.ncbi.nlm.nih.gov/pubmed/35400847
http://dx.doi.org/10.1007/s10614-022-10246-6