In this paper a new approach to the analysis of the dynamics of economies is presented; applications to time series will also be suggested. In such applications, computational experiments may play a central role to provide a different heuristics and to explore data information. The approach is...

In this paper, we review the basic notions and definitions of economic regime and regime switching. The purpose of this review is to describe how these notions appear implicitly or explicitly in different areas of the economic literature. We will not claim to offer a complete survey. The goal is...