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The growing shadow economy: Implications for stabilization policy

โœ Scribed by Dieter Cassel


Book ID
112941402
Publisher
Springer-Verlag
Year
1984
Tongue
English
Weight
661 KB
Volume
19
Category
Article
ISSN
0020-5346

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๐Ÿ“œ SIMILAR VOLUMES


A stabilization policy for an economy wi
โœ George Leitmann; Henry Y. Wan Jr. ๐Ÿ“‚ Article ๐Ÿ“… 1978 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 687 KB

## A stabilization policy is developed for an economy with unknown and possibly unknowable characteristics. Uniform asymptotic stability is guaranteed for all initial states and for all admissible uncertainties. Welfare loss over the infinite horizon is bounded by a level dependent on the initial