Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/22807
Citations | ||
Scopus | Web of ScienceĀ® | Altmetric |
---|---|---|
?
|
?
|
Type: | Journal article |
Title: | An example of intermittency in nonlinear economic cycles |
Author: | Chian, A. Rempel, E. Borotto, F. Rogers, C. |
Citation: | Applied Economics Letters, 2006; 13(4):257-263 |
Publisher: | Routledge Taylor & Francis Ltd |
Issue Date: | 2006 |
ISSN: | 1350-4851 1466-4291 |
Abstract: | Intermittent behaviour of economic dynamics is studied by a nonlinear model of business cycles. Numerical simulations show that after an economic system evolves from order to chaos, the system keeps its memory before the transition and its time series alternates episodically between periods of low-level (quiescent) and high-level (bursting) activities. This model of economic intermittency exhibits power-law spectrum similar to the nonlinear time series observed in financial markets. |
DOI: | 10.1080/13504850500394335 |
Published version: | http://dx.doi.org/10.1080/13504850500394335 |
Appears in Collections: | Aurora harvest 2 Economics publications |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.