It is widely recognized that the policy objectives of fiscal and monetary policymakers usually have different time horizons, and this feature may not be captured by traditional econometric techniques. In this paper, we first decompose U.S macroeconomic data using a time-frequency domain...

Elements of Parametric Control Theory of Market Economy Development -- Macroeconomic Analysis and Parametric Control of Equilibrium States in National Economic Markets -- Parametric Control of Cyclic Dynamics of Economic Systems -- Parametric Control of Economic Growth of a National Economy...

After the transition to free economy, governments of the former Soviet republics realized that in spite of becoming a part of the shaky international economic order, their individual economic success can be assured by rational national economic policies that in addition to the fundamental law of...