Business cycle modeling between financial crises and black swans: Ornstein–Uhlenbeck stochastic process vs Kaldor deterministic chaotic model
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DOI: 10.1063/5.0015916
Abstract: Business cycles are oscillations in the economy because of recessions and expansions. In this paper we investigate the oscillation of the gross domestic product as a result of its relations with the other main macroeconomic… read more here.
Keywords: uhlenbeck stochastic; chaotic model; ornstein uhlenbeck; model ... See more keywords