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Feedback pp 75-82 | Cite as

Automatic Stabilizers Revisited

Chapter
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Part of the Advanced Studies in Theoretical and Applied Econometrics book series (ASTA, volume 10)

Abstract

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.

Keywords

Automatic Stabilizer Unemployment Compensation Feedback Rule Mathematical Mechanic Misery Index 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Martinus Nijhoff Publishers, Dordrecht 1988

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