Interest rate rules, endogenous cycles, and chaotic dynamics in open economies

DOI10.1016/J.JEDC.2012.06.003zbMath1345.91033OpenAlexW2169840786MaRDI QIDQ311004

Luis-Felipe Zanna, Marco Airaudo

Publication date: 28 September 2016

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://www.carloalberto.org/assets/working-papers/no.171.pdf

zbMATH Keywords

multiple equilibriasmall open economyTaylor rulesinterest rate ruleschaos and endogenous fluctuations

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Interest rates, asset pricing, etc. (stochastic models) (91G30) Economic dynamics (91B55)

Related Items (4)

Complex stock price dynamics under Max Weber's spirit of capitalism hypothesis ⋮ Interest rate rules, endogenous cycles, and chaotic dynamics in open economies ⋮ Liquidity trap and stability of Taylor rules ⋮ Currency substitution, risk premia and the Taylor principle

Uses Software

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Cites Work

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• Monetary Policy and Exchange Rate Volatility in a Small Open Economy
• The perils of Taylor rules
• Indeterminacy in a small open economy Ramsey growth model

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