Abstract
The robustness of large scale economic systems, subject to modeling uncertainties and large parameter variations in the system dynamics, is studied. New robustness results are presented which lead to reduction of con ervatism in robustness tests. The suggested approach is not crucially dependent on any particular method for decentralized system design. Computationally, the method is very feasible, it involves a very simple algorithm. To illustrate the concepts developed in this paper a fourth order macroeconomic model is used throughout.
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