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The paper considers the implications of the rational expectations - New Classical Macroeconomics revolution for the "rules versus discretion" debate. The following issues are covered 1) The ineffectiveness of anticipated stabilization policy, 2) Non-causal models and rational expectations, 3) optimal control in non-causal models -the inconsistency of optimal plans. I established the robustness of the proposition that contingent (closed-loop or feedback) rules dominate fixed (open-loop) rules. The optimal contingent rule in non-causal models - the innovation or disturbance-contingent feedback rule - is quite different from the state-contingent feedback rule derived by dynamic stochastic programming
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Embankments --- Slopes (Soil mechanics) --- Soil stabilization
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Soil stabilization. --- Landslides. --- Subsidences (Earth movements) --- Slopes (Soil mechanics) --- Landslides
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Soil stabilization --- Lime --- Soil cement --- Pavements --- Sols --- Chaux --- Subgrades --- Stabilisation
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Asphalt emulsion mixtures --- Roads --- Roads --- Soil stabilization --- Base courses --- Subgrades
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Soil stabilization. --- Lime --- Soil cement --- Lime --- Soil cement
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Soil compaction. --- Soil stabilization. --- Noncohesive soils --- Noncohesive soils
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Soil stabilization. --- Bituminous concretes --- Compactibility --- Bituminous concretes --- Compactibility
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Routes --- Roads --- Sols --- Soil stabilization. --- Géotextiles. --- Geotextiles. --- Conception et construction. --- Design and construction. --- Stabilisation.
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Routes --- Roads --- Sols --- Soil stabilization. --- Chaux. --- Lime. --- Ciment. --- Cement. --- Conception et construction. --- Design and construction. --- Stabilisation.
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