Power law distribution of the duration and magnitude of recessions in capitalist economies: Breakdown of scaling

DOI10.1016/S0378-4371(01)00108-XzbMath0978.91068arXivcond-mat/0102370WikidataQ104894166 ScholiaQ104894166MaRDI QIDQ5935196

Paul Ormerod, Craig Mounfield

Publication date: 20 June 2001

Published in: Physica A (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/cond-mat/0102370

zbMATH Keywords

adaptive behaviourbusiness cyclecooperative behaviour

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (5)

Power law distribution of the frequency of demises of US firms ⋮ Power laws and macroeconomic fluctuations ⋮ COMPLEX DYNAMICS AND FINANCIAL FRAGILITY IN AN AGENT-BASED MODEL ⋮ Correlation and volatility in an Indian stock market: A random matrix approach ⋮ The US business cycle: Power law scaling for interacting units with complex internal structure

Cites Work

• Unnamed Item
• Introduction to Econophysics

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