The double scroll chaotic attractor in the dynamics of a fixed-price IS-LM model

BELLA, GIOVANNI;MATTANA, PAOLO;VENTURI, BEATRICE
2013-01-01

Abstract

With the aim of exploring the conditions which determine a chaotic behavior in the long-run properties of an economic model, this paper innovates the existing Keynesian macroeconomic literature by showing that the dynamics of the well-known IS-LM model may generate a double-scroll strange attractor, for a particular set of structural parameters.
2013
Inglese
4(1)
No. 1
1
13
13
2-s2.0-84878292157
Esperti anonimi
internazionale
scientifica
These articles have been peer-reviewed and accepted for publication in IJMMNO.
no
Bella, Giovanni; Mattana, Paolo; Venturi, Beatrice
1.1 Articolo in rivista
info:eu-repo/semantics/article
1 Contributo su Rivista::1.1 Articolo in rivista
262
3
reserved
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