A new approach for introducing unemployment into the New Keynesian framework.
The past fifteen years have witnessed the rise of the New Keynesian model as a framework of reference for the analysis of fluctuations and stabilization policies. That framework, which combines the rigor and internal consistency of dynamic general equilibrium models with such typically Keynesian assumptions as monopolistic competition and nominal rigidities, makes possible a meaningful, welfare-based analysis of the effects of monetary policy rules. But the conspicuous absence of unemployment from the standard New Keynesian model has given rise to both criticism and attempts to rectify this anomaly. In this book, Jordi Gali, one of the major contributors to the New Keynesian literature, offers a new approach to introducing unemployment into that framework.
Gali's approach involves a reinterpretation of the labor market in the standard New Keynesian model with staggered wage setting (rather than a modification or extension of the model, as has been proposed by others). The resulting framework preserves the convenience of the representative household paradigm and allows one to determine the equilibrium levels of employment, the labor force, and hence the unemployment rate conditional on the monetary policy in place.
Gali develops the basic model, embedding it in a standard New Keynesian framework with staggered price and wage setting; revisits the relationship between economic fluctuations and efficiency through the lens of the new model, developing a measure of the output gap; and analyzes the relation between unemployment and the design of monetary policy.
Автор: Rachid Guerraoui; Franck Petit Название: Stabilization, Safety, and Security of Distributed Systems ISBN: 3642051170 ISBN-13(EAN): 9783642051173 Издательство: Springer Рейтинг: Цена: 19564.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book constitutes the refereed proceedings of the 11th International Symposium on Stabilization, Safety, and Security of Distributed Systems, SSS 2009, held in Lyon, France, in November 2009. The 49 revised full papers and 14 brief announcements presented together with three invited talks were carefully reviewed and selected from 126 submissions. The papers address all safety and security-related aspects of self-stabilizing systems in various areas. The most topics related to self-* systems. The special topics were alternative systems and models, autonomic computational science, cloud computing, embedded systems, fault-tolerance in distributed systems / dependability, formal methods in distributed systems, grid computing, mobility and dynamic networks, multicore computing, peer-to-peer systems, self-organizing systems, sensor networks, stabilization, and system safety and security.
Автор: Toshimitsu Masuzawa; S?bastien Tixeuil Название: Stabilization, Safety, and Security of Distributed Systems ISBN: 354076626X ISBN-13(EAN): 9783540766261 Издательство: Springer Рейтинг: Цена: 12157.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Constitutes the refereed proceedings of the 9th International Symposium on Stabilization, Safety, and Security of Distributed Systems, SSS 2007, held in Paris, France, November 14-16, 2007. This book includes papers that address various aspects of self-stabilization, safety and security, and recovery oriented systems and programing.
Автор: Chen, Zhiyong Название: Stabilization and regulation of nonlinear systems. ISBN: 3319088335 ISBN-13(EAN): 9783319088334 Издательство: Springer Рейтинг: Цена: 12577.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание:
The core of this textbook is a systematic and self-contained treatment of the nonlinear stabilization and output regulation problems. Its coverage embraces both fundamental concepts and advanced research outcomes and includes many numerical and practical examples. Several classes of important uncertain nonlinear systems are discussed. The state-of-the art solution presented uses robust and adaptive control design ideas in an integrated approach which demonstrates connections between global stabilization and global output regulation allowing both to be treated as stabilization problems.
Stabilization and Regulation of Nonlinear Systems takes advantage of rich new results to give students up-to-date instruction in the central design problems of nonlinear control, problems which are a driving force behind the furtherance of modern control theory and its application. The diversity of systems in which stabilization and output regulation become significant concerns in the mathematical formulation of practical control solutions-whether in disturbance rejection in flying vehicles or synchronization of Lorenz systems with harmonic systems-makes the text relevant to readers from a wide variety of backgrounds. Many exercises are provided to facilitate study and solutions are freely available to instructors via a download from springerextras.com.
Striking a balance between rigorous mathematical treatment and engineering practicality, Stabilization and Regulation of Nonlinear Systems is an ideal text for graduate students from many engineering and applied-mathematical disciplines seeking a contemporary course in nonlinear control. Practitioners and academic theorists will also find this book a useful reference on recent thinking in this field.
Автор: Iasson Karafyllis; Zhong-Ping Jiang Название: Stability and Stabilization of Nonlinear Systems ISBN: 1447126475 ISBN-13(EAN): 9781447126478 Издательство: Springer Рейтинг: Цена: 20896.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The subject of nonlinear control systems analysis has grown rapidly and this book provides a simple presentation of their stability and feedback stabilization. It enables the reader to learn and understand major techniques used in mathematical control theory.
Описание: Essence of Fractional Order Calculus, Physical Interpretation and Applications.- Solution, Stability and Realization of Fractional Order Differential Equation.- Sliding Mode Control of Fractional Order Systems.- Finite Time Stabilization of Fractional Order Systems.- A Soft Variable Structure Control of Fractional Order Systems.- Robust Cooperative Control of Fractional-Order Multiple Agents.- Discrete Sliding Mode Control of Fractional Order systems.- Disturbance Observer based Robust Control for Fractional Order Systems.- Contraction Analysis by Integer Order and Fractional Order Infinitesimal Variations.
Автор: Bonakdarpour Название: Stabilization, Safety, and Security of Distributed Systems ISBN: 3319492586 ISBN-13(EAN): 9783319492582 Издательство: Springer Рейтинг: Цена: 9224.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book constitutes the refereed proceedings of the 18th International Symposium on Stabilization, Safety, and Security of Distributed Systems, SSS 2016, held in Lyon, France, in November 2016.
This year the Program Committee was organized into three groups reflecting the major trends related to self-* systems: (a) Self-* and Autonomic Computing, (b)Foundations, and (c) Networks, Multi-Agent Systems, and Mobility.
Автор: Sandeep Kulkarni; Andre Schiper Название: Stabilization, Safety, and Security of Distributed Systems ISBN: 3540893342 ISBN-13(EAN): 9783540893349 Издательство: Springer Цена: 9781.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This monograph explores the modeling of conservation and balance laws of one-dimensional hyperbolic systems using partial differential equations. It presents typical examples of hyperbolic systems for a wide range of physical engineering applications, allowing readers to understand the concepts in whichever setting is most familiar to them. With these examples, it also illustrates how control boundary conditions may be defined for the most commonly used control devices.The authors begin with the simple case of systems of two linear conservation laws and then consider the stability of systems under more general boundary conditions that may be differential, nonlinear, or switching. They then extend their discussion to the case of nonlinear conservation laws and demonstrate the use of Lyapunov functions in this type of analysis. Systems of balance laws are considered next, starting with the linear variety before they move on to more general cases of nonlinear ones. They go on to show how the problem of boundary stabilization of systems of two balance laws by both full-state and dynamic output feedback in observer-controller form is solved by using a “backstepping” method, in which the gains of the feedback laws are solutions of an associated system of linear hyperbolic PDEs. The final chapter presents a case study on the control of navigable rivers to emphasize the main technological features that may occur in real live applications of boundary feedback control.Stability and Boundary Stabilization of 1-D Hyperbolic Systems will be of interest to graduate students and researchers in applied mathematics and control engineering. The wide range of applications it discusses will help it to have as broad an appeal within these groups as possible.
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