Optimal-Control of Input Output Systems Via Demand Management
Economics Letters, 1992, 39, 3, 269-273
SACCO, Pier Luigi, Optimal-Control of Input Output Systems Via Demand Management, Economics Letters, 1992, 39, 3, 269-273 - https://hdl.handle.net/1814/16796
Retrieved from Cadmus, EUI Research Repository
This paper studies the optimal control of an input-output model with two sectors where the policy maker controls the level of final demand. It is found that the stationary point is hyperbolic and has a stable manifold of dimension 2. The result is generalized to the case with n sectors.
Cadmus permanent link: https://hdl.handle.net/1814/16796
Full-text via DOI: 10.1016/0165-1765(92)90259-2
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