Optimal Economic Policy Design in EMU

Optimal Economic Stabilization Policy: An Extended Framework

Economic-based Distributed Optimal Design

Spacecraft and launch systems are examples of complex products which require a careful balance between competing concerns, such as performance, weight, and reliability, to serve their mission. Complexity requires design by large engineering organizations, so this balance must be achieved across many teams of people working on various components. This paper uses optimization theory to derive a m...

Hard and soft economic policy coordination under EMU: problems, paradoxes and prospects

Although the launch of the euro went better than many expected, sluggish growth, persistent unemployment and growing disenchantment with key elements of the economic governance system have led to demands for change, especially in policy coordination. This paper examines the criticisms of economic policy in the EU and the mechanisms through which it is coordinated, and considers how the EMU poli...

Economic Structure and Monetary Policy Design

In this paper, I consider the lessons recent academic research and historical experiences with monetary targeting and inflation targeting offer for the design of monetary policy regimes. The practical experiences with both monetary and inflation targeting suggest that successful policies have incorporated a great deal of flexibility. In principle, both monetary targeting and inflation targeting...

Design of Economic Optimal Double Sampling Design with Zero Acceptance Numbers

  In zero acceptance number sampling plans, the sample items of an incoming lot are inspected one by one. The proposed method in this research follows these rules: if the number of nonconforming items in the first sample is equal to zero, the lot is accepted but if the number of nonconforming items is equal to one, then second sample is taken and the policy of zero acceptance number would be ap...