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Macroeconomic Analysis and Parametric Control of a Regional Economic Union

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Macroeconomic Analysis and Parametric Control of a Regional Economic Union/ by Abdykappar A. Ashimov, Yuriy V. Borovskiy, Dmitry A. Novikov, Bakyt T. Sultanov, Mukhit A. Onalbekov.
Author:	Ashimov, Abdykappar A.
other author:	Borovskiy, Yuriy V.
Description:	XIV, 361 p. 172 illus., 159 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Macroeconomics. -
Online resource:	https://doi.org/10.1007/978-3-030-32205-2
ISBN:	9783030322052

Macroeconomic Analysis and Parametric Control of a Regional Economic Union
Ashimov, Abdykappar A.

Macroeconomic Analysis and Parametric Control of a Regional Economic Union[electronic resource] /by Abdykappar A. Ashimov, Yuriy V. Borovskiy, Dmitry A. Novikov, Bakyt T. Sultanov, Mukhit A. Onalbekov. - 1st ed. 2020. - XIV, 361 p. 172 illus., 159 illus. in color.online resource.

Chapter 1. Parametric Control of Macroeconomic Systems: Basic Components of Theory -- Chapter 2. Macroeconomic Analysis and Parametric Control Based on Global Multi-Country Dynamic Computable General Equilibrium Model (Model 1) -- Chapter 3. Macroeconomic Analysis and Parametric Control Based on Global Dynamic Stochastic General Equilibrium Model (Model 2) -- Chapter 4. Macroeconomic Analysis and Parametric Control Based on Global Multi-Country Hybrid Econometric Model (Model 3).

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.

ISBN: 9783030322052

Standard No.: 10.1007/978-3-030-32205-2doiSubjects--Topical Terms:

554837
Macroeconomics.

LC Class. No.: HB172.5

Dewey Class. No.: 339

Macroeconomic Analysis and Parametric Control of a Regional Economic Union
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520 $a 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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