Chaotic equilibria in models with backward dynamics

DOI10.1016/j.jedc.2007.04.004zbMath1181.91157OpenAlexW1965476626MaRDI QIDQ844621

David R. Stockman, Judy A. Kennedy

Publication date: 19 January 2010

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2007.04.004

zbMATH Keywords

chaosoverlapping generationsinverse limitscash-in-advancebackward dynamics

Mathematics Subject Classification ID

Strange attractors, chaotic dynamics of systems with hyperbolic behavior (37D45) Dynamical systems in optimization and economics (37N40) Economic dynamics (91B55)

Related Items (12)

Uniform measures on inverse limit spaces ⋮ A new characterization of chaos from a time series ⋮ Li-Yorke chaos in models with backward dynamics ⋮ Inverse limits and statistical properties for chaotic implicitly defined economic models ⋮ Fixed points imply chaos for a class of differential inclusions that arise in economic models ⋮ The inverse limits approach to chaos ⋮ On growing through cycles: Matsuyama's M-map and Li-Yorke chaos ⋮ Basins of measures on inverse limit spaces for the induced homeomorphism ⋮ Global dynamics in a search and matching model of the labor market ⋮ IMPLICIT EQUILIBRIUM DYNAMICS ⋮ Parameterized stable/unstable manifolds for periodic solutions of implicitly defined dynamical systems ⋮ Chaotic banking crises and regulations

Cites Work

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• On Devaney's Definition of Chaos
• Dynamical properties of the shift maps on the inverse limit spaces
• Period Three Implies Chaos
• Interesting Dynamics and Inverse Limits in a Family of One-Dimensional Maps
• Money and Interest in a Cash-in-Advance Economy

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