Automatic Stabilizers Revisited
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The importance of the feedback framework is not so much in the full use of all the mathematical mechanics but rather in a frame of mind — a frame that considers dynamics, uncertainty, and feedback. Automatic stabilizers are a good example of the feedback style of thinking. This chapter provides a review of some existing stabilization policies and ideas for some new policies.
KeywordsAutomatic Stabilizer Unemployment Compensation Feedback Rule Mathematical Mechanic Misery Index
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