西南交通大学学报（英文版）2006，Vol.14Issue(4)：408-414,7.
Distributive Disturbance and Optimai Policy in Stochastic Control Model
Distributive Disturbance and Optimai Policy in Stochastic Control Model
Wang Hongchu 1Hu Shigeng 1Zhang Xueqing1
作者信息
- 1. Department of Mathimatics, Huazhong University of Science and Technology, Wuhan 430074, China
- 折叠
摘要
Abstract
To investigate the equilibrium relationships between the volatility of capital and income, taxation, and macroeconomic performance in a stochastic control model, the uniqueness of the solution to this model was proved by using the method of dynamic programming under the introduction of distributive disturbance and elastic labor supply. Furthermore, the effects of two types of shocks on labor-leisure choice, economic growth rate and welfare were numerically analyzed, and then the optimal tax policy was derived.关键词
Stochastic optimization/Dynamic programming/Bellman equation/Macroeconomic equilibrium/Optimal policyKey words
Stochastic optimization/Dynamic programming/Bellman equation/Macroeconomic equilibrium/Optimal policy分类
数理科学引用本文复制引用
Wang Hongchu ,Hu Shigeng ,Zhang Xueqing..Distributive Disturbance and Optimai Policy in Stochastic Control Model[J].西南交通大学学报（英文版）,2006,14(4):408-414,7.
