The dynamics of the NAIRU model with two switching regimes

DOI10.1016/J.JEDC.2009.10.014zbMath1205.91120OpenAlexW1968102739MaRDI QIDQ964577

Laura Gardini, Fabio Tramontana, Piero Ferri

Publication date: 22 April 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_10_04.pdf

zbMATH Keywords

regime switchingnonlinearitiesPhillips curvediscontinuous mapsNAIRU

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic dynamics (91B55)

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Border collision and fold bifurcations in a family of one-dimensional discontinuous piecewise smooth maps: unbounded chaotic sets ⋮ A piecewise linear model of credit traps and credit cycles: a complete characterization ⋮ A simple financial market model with chartists and fundamentalists: market entry levels and discontinuities ⋮ An optimal control problem of monetary policy ⋮ Bifurcation Structures in a Family of 1D Discontinuous Linear-Hyperbolic Invertible Maps

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