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"The Use of Optimal Control Techniques to Measure
Economic Performance,"
International Economic Review, June 1978, 289-309.
pdf file (1,252KB).
Abstract
None
Comments
This paper proposes a measure of economic performance of policy makers
based on the solution of optimal control problems. The solution
technique in 1974#1 is used for the results,
and the structural model in 1976#1 is used.
This work is reviewed and updated in Chapter 10, Section 10.3, in
1984#2.