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There has been increasing interest in continuous-time macroeconometric models. This research investigates stability of …-regarded continuous-time macroeconometric model is chosen to assure the empirical and potential policy relevance of the results. Stability … for some cyclical phenomena in macroeconomy. Numerical algorithms are designed to locate the stability boundaries, which …
Persistent link: https://www.econbiz.de/10014620818
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establish the stability properties of the resulting control system. …
Persistent link: https://www.econbiz.de/10010874309
We explore bifurcation phenomena in the open-economy New Keynesian CGG Model based on Clarida et al. (2001, 2002). We find that the open economy framework can bring about more complex dynamics, along with a wider variety of qualitative behaviors and policy responses. Introducing parameters...
Persistent link: https://www.econbiz.de/10010636282
Some stability effects of technical trading on financial/commodity markets are analyzed in this paper. Technical … equation, whose (local) stability is determined by means of root-locus techniques. It is proven that the larger the time …-delay horizon, the larger the stability margin. This means that short-run technical trading is more likely to induce market …
Persistent link: https://www.econbiz.de/10010590356
strength of long-range correlations reflect both enhanced stability and adaptability. …
Persistent link: https://www.econbiz.de/10011062815