Mathematical analysis of chaotic behavior in monetary policy rules
Chaotic behavior which is based on nonlinearity and deterministic process has captured the attention of many mathematical economists in recent years. This behavior can put limits of predictability on the future behavior of a series. Thus, detecting the chaos in economics can help the policy designer...
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| Format: | Thesis |
| Language: | English |
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2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/67526/1/fs%202013%2086%20IR.pdf |