Adaptive Control of Metzler Business Cycle Model

A.L. Fradkov and B.R. Andrievsky (Russia)

Keywords

Nonlinear Oscillations, Business Cycle, Adaptive Control

Abstract

The control problem for business-cycle Metzler model is studied. It is demonstrated that the adaptive control methods can be used in order to eliminate chaos and increase predictability of business-cycles. The simulation results are presented.

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