Title of article
Evaluating policy feedback rules using the joint density function of a stochastic model
Author/Authors
R. Barrell، نويسنده , , S.G. Hall، نويسنده , , I. Hurst، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
5
From page
1
To page
5
Abstract
The practise of evaluating feedback rules in stochastic models using marginal distributions implies the loss of considerable information. It is possible to use the full joint density function. This is illustrated by analysing three rules in a large stochastic model.
Keywords
Feedback rules , Joint density , Policy evaluation
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
436034
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