Search Results - subject:"stochastic optimal control algorithm"

Quantitative Determination of Optimal Fiscal and Monetary Policies: A Stochastic Optimal Control Analysis for Iran

Rad, Masoud Abdi; Zadeh, Amir Jaafar - In: Iranian Economic Review 14 (2009) 2, pp. 1-17

this purpose, first we develop and design a macroeconometric model for Iran economy. Then, we use the stochastic optimal … control algorithm “OPTCON” until determine optimal fiscal and monetary policies as solutions of optimum control problems with …

Persistent link: https://www.econbiz.de/10010695815

An Application of the Stochastic Optimal Control Algorithm (OPTCON) to the Public Sector Economy of Iran

Samimi, Ahmad Jafari; Tehranchian, Amir Mansor - In: Iranian Economic Review 10 (2005) 1, pp. 189-209

In this paper we first describe the stochastic optimal control algorithm called ((OPTCON)). The algorithm minimizes an …

Persistent link: https://www.econbiz.de/10010839228