Chaotic dynamics of a piecewise linear model of credit cycles
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DOI: 10.1016/j.jmateco.2018.11.001
Abstract: By incorporating information imperfection into the model of Asano et al. (2012), which is a special case of Matsuyama's (2007) model, we develop a model of endogenous business cycles to analyze how information imperfection affects… read more here.
Keywords: chaotic dynamics; piecewise linear; model; dynamics piecewise ... See more keywords