In this paper we first describe the stochastic optimal control algorithm called ((OPTCON)). The algorithm minimizes an intertemporal objective loss function subject to a nonlinear dynamic system in order to achieve optimal ...

In recent years, it has become increasingly important to incorporate explicit dynamics in economic analysis. These two tools that mathematicians have developed, differential equations and optimal control theory, are ...

Budget deficit constitutes a major fiscal indicator. It has major important ramification on macro-economic position of all nations. In developing countries generally, and in Iran specifically, governments are likely to ...

Although studies on the relation between size and efficiency are ample, studies on the relation between size, fragmentation, and efficiency are limited. It is the purpose of this study in which a single-stage stochastic ...

In this paper various ARCH models and relevant news impact curves including a partially nonparametric (PNP) one are compared and estimated with daily Iran stock return data. Diagnostic tests imply the asymmetry of the ...

During recent years several attempts have been made to incorporate environmental and natural resources degradation into national accounts. GNP as measured by the traditional system of national accounts does not consider ...

The present article studies and analyses plan and planning in Iran with respect to parameters of the idea of formation, birth, objectives, strategy and its functioning. Iran has half-a-century record of planning, and has ...