Achieving Macroeconomic Goals
提出一种动态增长路径确定技术，将可逆传递函数与最优控制两种方法融合，形成更优的宏观经济政策制定方法，并用Pindyck模型示例说明。
Two basic approaches to using dynamic econometric models to formulate macroeconomic policy are generally in use. These are: invertible transfer function methodology and optimal control methodology. In this paper a technique for determining dynamic growth paths is presented. The result of the application of this technique is the synthesis of the two approaches into a single approach yielding a policy with more desirable characteristics than was previously possible. An example of the use of this synthesis technique using Pindyck's model is presented.