The first purpose of this paper is to propose a theoretically new robust filter method to estimate non-observable macroeconomic indicators. The second purpose is to apply the proposed method to estimate the Hungarian potential GDP in 2000-2021. The novelty of the proposed filter method is that - unlike papers published so far - it does not require the stability of the dynamic model, only a partial stability condition must be satisfied.
View Article and Find Full Text PDFThis paper deals with the design problem of H control for linear systems in finite-frequency (FF) domain. Accordingly, the H norm from the exogenous disturbance to the controlled output is reduced in a given frequency range with utilizing the generalized Kalman-Yakubovic-Popov (gKYP) lemma. As some of the states are hard or impossible to measure in many applications, a dynamic output feedback controller is proposed.
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