The Application of Time-Delay-Dependent H∞ Control in the Transmission Effect of Monetary Policy on Real Estate Market
Joint Authors
Guo, Haifeng
Qiu, Yi
Qian, Yu
Wang, Bo
Source
Mathematical Problems in Engineering
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-6, 6 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-07-21
Country of Publication
Egypt
No. of Pages
6
Main Subjects
Abstract EN
This paper uses a time-delay-dependent H∞ control model to analyze the transmission effect of monetary policy on the real estate market.
We establish a theoretical framework between monetary policy and real estate market based on the three channels, that is, interest rate channel, monetary supply channel, and credit channel.
Then we construct a basic model using H∞ control method.
By analyzing the effect of the time-delay characteristics of monetary policy on the real estate market, we introduce time variables and propose a time-delay-dependent H∞ control model.
We test the robustness of the model using the Chinese data of the monetary policy and the real estate market and prove that this model can be well employed in the reality.
American Psychological Association (APA)
Guo, Haifeng& Qian, Yu& Wang, Bo& Qiu, Yi. 2014. The Application of Time-Delay-Dependent H∞ Control in the Transmission Effect of Monetary Policy on Real Estate Market. Mathematical Problems in Engineering،Vol. 2014, no. 2014, pp.1-6.
https://search.emarefa.net/detail/BIM-470926
Modern Language Association (MLA)
Guo, Haifeng…[et al.]. The Application of Time-Delay-Dependent H∞ Control in the Transmission Effect of Monetary Policy on Real Estate Market. Mathematical Problems in Engineering No. 2014 (2014), pp.1-6.
https://search.emarefa.net/detail/BIM-470926
American Medical Association (AMA)
Guo, Haifeng& Qian, Yu& Wang, Bo& Qiu, Yi. The Application of Time-Delay-Dependent H∞ Control in the Transmission Effect of Monetary Policy on Real Estate Market. Mathematical Problems in Engineering. 2014. Vol. 2014, no. 2014, pp.1-6.
https://search.emarefa.net/detail/BIM-470926
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-470926