Unstable periodic orbits and chaotic transitions among growth patterns of an economy

Ken-ichi Ishiyama () and Yoshitaka Saiki ()
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Ken-ichi Ishiyama: The University of Tokyo
Yoshitaka Saiki: The University of Tokyo

A chapter in Practical Fruits of Econophysics, 2006, pp 339-343 from Springer

Abstract: Summary We analyze a chaotic growth cycle model which represents essential aspects of macroeconomic phenomena. Unstable periodic solutions detected from a chaotic attractor of the model are categorized into some hierarchical classes, and relationships between each class of them and characteristics of the attractor are discussed. This approach may be useful to clarify economic laws hidden behind complicated phenomena.

Keywords: Periodic Solution; Periodic Orbit; Chaotic Dynamic; Fiscal Policy; Chaotic Attractor (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-4-431-28915-9_62

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DOI: 10.1007/4-431-28915-1_62

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