Tramontana, Fabio; Gardini, Laura; Dieci, Roberto; … - Facoltà di Economia, Università degli Studi di Urbino - 2008
In the fi
rst part of our paper we proposed a three-dimensional nonlinear dynamic model of interacting stock and foreign exchange markets, jointly driven by the speculative activity of heterogeneous investors. We focused, in particular, on the typical 'bull and bear' scenario that emerges from...