Econometrica: Jan 1965, Volume 33, Issue 1

A Systematic Approach to Macroeconomic Policy Design

https://doi.org/0012-9682(196501)33:1<114:ASATMP>2.0.CO;2-9
p. 114-140

G. Stuvel

This article deals with proposals for the efficient organisation of the calculations to be made in the context of planning models in order to establish what instruments should be used and with what intensity to meet certain targets of macroeconomic policy and what the effects are of target revision and instrument-diversification. It suggests a basically new approach to these matters.

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