Selected econometric methods of optimization of economic policy

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F12%3A%230001861" target="_blank" >RIV/47813059:19520/12:#0001861 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Selected econometric methods of optimization of economic policy
Original language description
This paper deals with approaches to the optimization of economic policy using econometric methods. In particular, the econometric model is used for the selection and optimization of tools and appropriate levels of management within the framework of economic policy. Four basic types of variables used in econometric approaches to optimization of economic policy are described. Then it presents methods for the selection of optimal control and optimization of economic policy instruments, namely the method oftarget variables, the principles of optimal control and simulation procedures. The article is focused on the method of target variables. The selected method, its advantages and disadvantages and its possible applications for making optimal economic policy are dealt with.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 30th international conference Mathematical methods in economics 2012
ISBN
978-80-7248-779-0
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
692-697
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné
Place of publication
Karviná
Event location
Karviná
Event date
Jan 1, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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