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Open AccessJournal ArticleDOI

Model Reference Control for an Economic Growth Cycle Model

Pengfei Zhao, +2 more
- 03 Jul 2012 - 
- Vol. 2012, pp 1-13
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TLDR
The authors review the main framework of MRC and Goodwin growth cycle (GGC) model between two countries and drive the employment rate to be approximate stable in a high level by controlling the workers' share in the national income automatically.
Abstract
A useful method in intelligent engineering, called model reference control (MRC), is applied in an economic control problem. The authors review the main framework of MRC and Goodwin growth cycle (GGC) model between two countries and drive the employment rate to be approximate stable in a high level by controlling the workers' share in the national income automatically. It is very helpful to constitute economic policies for a country or an economic union.

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Citations
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Journal ArticleDOI

Model Reference Control of Hyperchaotic Systems

TL;DR: A general description of the hyperchaotic system and its reference system is proposed and the Lyapunov stability theorem is obtained by using the expression of the controller to control hyperchaos.
References
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Book

Neural network design

TL;DR: This book, by the authors of the Neural Network Toolbox for MATLAB, provides a clear and detailed coverage of fundamental neural network architectures and learning rules, as well as methods for training them and their applications to practical problems.
Book

Adaptive Control: The Model Reference Approach

TL;DR: Taking a realistic approach, the author presents techniques for applying the theory to solving practical problems and shows how the designer of adaptive- control systems can draw on his knowledge of classical methods to better understand the adaptive-control problem.
Book

On the Theory of Economic Policy

Jan Tinbergen
TL;DR: In Spanish: Ensayos de Teoria Economica, the authors, No. 1, 1965, 71 p. 1.676 the authors and No. 42, Tecnos, Madrid, 1965.
Book ChapterDOI

A Growth Cycle

TL;DR: In this paper, a starkly schematised and hence quite unrealistic model of cycles in growth rates is presented, which seems to me to have better prospects than the more usual treatment of growth theory or of cycle theory separately or in combination.
Journal ArticleDOI

A Counterexample in Stochastic Optimum Control

TL;DR: In this paper, it was shown that there is no advantage in using non-linear controllers when the objective is to minimize the expectation of a quadratic criterion for a linear system subject to Gaussian noise and with unconstrained control variables.
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