Chaotic dynamics in a cash-in-advance economy
From MaRDI portal
Publication:1128958
DOI10.1016/S0165-1889(97)00096-1zbMath0906.90027OpenAlexW2029251839WikidataQ128066539 ScholiaQ128066539MaRDI QIDQ1128958
Ronald Michener, Bala Ravikumar
Publication date: 13 August 1998
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/s0165-1889(97)00096-1
Related Items
Chaotic equilibria in models with backward dynamics ⋮ Habit formation and chaotic dynamics in an \(n\)-dimensional cash-in-advance economy ⋮ Inverse limits and an implicitly defined difference equation from economics ⋮ Self-fulfilling deflations ⋮ Uniform measures on inverse limit spaces ⋮ A new method to control chaos in an economic system ⋮ Multiple equilibria in two-sector monetary economies: an interplay between preferences and the timing for money ⋮ Li-Yorke chaos in models with backward dynamics ⋮ Inverse limits and statistical properties for chaotic implicitly defined economic models ⋮ The inverse limits approach to chaos ⋮ Monetary policy under a fiscal theory of sovereign default ⋮ Basins of measures on inverse limit spaces for the induced homeomorphism ⋮ Balanced-budget rules: chaos and deterministic sunspots ⋮ Deficit, monetization, and economic growth: a case for multiplicity and indeterminacy ⋮ Sensitivities in models with backward dynamics ⋮ Backward dynamics in economics. The inverse limit approach ⋮ TARIFF AND EQUILIBRIUM INDETERMINACY: A GLOBAL ANALYSIS ⋮ Chaos and sector-specific externalities ⋮ Discretionary monetary and fiscal policy with endogenous sovereign risk ⋮ Money and external habit persistence: a tale for chaos. ⋮ Parameterized stable/unstable manifolds for periodic solutions of implicitly defined dynamical systems
Cites Work
- Unnamed Item
- Self-fulfilling prophecies
- The role of money in supporting the Pareto optimality of competitive equilibrium in consumption-loan type models
- Monetary policy and price level determinacy in a cash-in-advance economy
- Legal restrictions, ``sunspots, and cycles
- Multiple Stable Equilibria in an Optimizing Perfect-Foresight Model
- Dynamic Instability in Rational Expectations Models: An Attempt to Clarify
- On Endogenous Competitive Business Cycles
- Endogenous Price Fluctuations in an Optimizing Model of a Monetary Economy
- Money and Growth: The Case of Long Run Perfect Foresight
- Period Three Implies Chaos
- Money and Interest in a Cash-in-Advance Economy
- Sunspots and Cycles