The asymptotic closed loop behaviour of a macro-economic system with time-varying exogenous inputs is studied using an optimal minimum variance control equation. By using the phase- (or echelon) canonical form and by means of a simulation study the dependency of the closed loop system on the weighting matirx in the cost functional is examined.
|Place of Publication||Eindhoven|
|Publisher||Technische Hogeschool Eindhoven|
|Number of pages||13|
|Publication status||Published - 1986|
Engwerda, J. C., & Otter, P. W. (1986). The reference stability of a macro-economic system with a recursive minimum variance control equation. (Memorandum COSOR; Vol. 8620). Technische Hogeschool Eindhoven.