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This article explores the possibility of visualizing the Phillips curve from a multidimensional perspective. We use a new multidimensional coordinate space, the mega-dynamic disks multivariable random coordinate space in vertical position, which visualizes the graphical behavior of the Phillips...
Persistent link: https://www.econbiz.de/10011632608
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This short communication is interested to give more details about how the Openness Growth Monitoring Model (OGM-Model) works to the JPM readers. The main idea is to extend certain points from the original paper entitled ldquo;The Openness Growth Monitoring Modelrdquo; that was published in the...
Persistent link: https://www.econbiz.de/10012749849
This paper traces the origin and development of the complex systems theory over the course of history, up to its latest advancement in the study of stock market crashes. The trail of the theory's fuzzy evolution is expansive that covers the ground of the complexity epistemology, natural science...
Persistent link: https://www.econbiz.de/10012966774
In this essay we are concerned with how the application of multi-dimensional graphs (or Cartesian Spaces) can enable the relaxation or minimization of ceteris paribus assumption in economic models. Nonetheless, we agree that ceteris paribus assumption is necessary in 2-Dimensional and...
Persistent link: https://www.econbiz.de/10014049382
This research will present a new methodology on the study of openness or trade liberalization. This paper is divided into three parts. The first part reviews the literature on analytical methods evaluating Openness based on three different approaches focusing on political economy, economic...
Persistent link: https://www.econbiz.de/10014066594
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This article explores the effectiveness of applying a new multidimensional graphical method to the teaching and learning of economics. In essence, the paper extends the significance of multi-dimensional graphs to study any economic phenomenon from a multidimensional perspective. The paper...
Persistent link: https://www.econbiz.de/10010228348
This paper models the inter-connections between the U.S. economy and five major economic regions in the world, namely, Japan, China, ASEAN, Latin America, and the European Union, using an inter-linkage coordinate space. This space is represented graphically, with the U.S. economy placed in the...
Persistent link: https://www.econbiz.de/10010414779