Add to ORKGThis article generalizes the results shown in De Grauwe, Dewachter, and Embrechts (1993) in a more sophisticated framework. In their model, the speculative dynamics resulting from the interaction between chartists and fundamentalists are incorporated into a Dornbusch-style model to generate a chaotic nominal exchange rate. Here the model of Obstfeld and Rogoff (1995, 1996) replaces the Dornbusch model, and chaotic solutions are still shown to be possible for sensible parameter values
Economy is demanding new models, able to understand and predict the evolution of markets. To this re...
This paper provides a brief survey of previous applications of chaotic analysis to exchange rate ser...
We develop a simple theoretical model in which chartists and fundamentalists interact. The model pre...
This article generalizes the results shown in De Grauwe, Dewachter, and Embrechts (1993) in a more s...
Chaos in the Dornbusch Model of the Exchange Rate In this paper a model of the exchange rate is...
A monetary model of the exchange rate is constructed in which “fundamentalists†and “chartistsâ...
Massive foreign exchange interventions are shown to remove chaos, cycles, and instability in the mod...
We analyse the workings of a simple non-linear exchange rate model in which agents hold different be...
Linear models in which exchange rates are driven by stochastic `news' are subject to a number of fai...
We develop a nonlinear exchange rate model with heterogeneous agents. Some agents adopt a "fundament...
This paper provides a brief survey of previous applications of chaotic analysis to exchange rate ser...
In this paper the author analyzes the behavior of exchange rates expectations for four currencies, b...
In the present paper, we investigate the complex dynamics arising from a behavioral exchange rate di...
System Dynamics of Chaotic Foreign-Exchange Markets Studies on chaos as a reason for non-linear...
According to the chartist-fundamentalist approach, exchange rate fluctuations are at least partially...
Economy is demanding new models, able to understand and predict the evolution of markets. To this re...
This paper provides a brief survey of previous applications of chaotic analysis to exchange rate ser...
We develop a simple theoretical model in which chartists and fundamentalists interact. The model pre...
This article generalizes the results shown in De Grauwe, Dewachter, and Embrechts (1993) in a more s...
Chaos in the Dornbusch Model of the Exchange Rate In this paper a model of the exchange rate is...
A monetary model of the exchange rate is constructed in which “fundamentalists†and “chartistsâ...
Massive foreign exchange interventions are shown to remove chaos, cycles, and instability in the mod...
We analyse the workings of a simple non-linear exchange rate model in which agents hold different be...
Linear models in which exchange rates are driven by stochastic `news' are subject to a number of fai...
We develop a nonlinear exchange rate model with heterogeneous agents. Some agents adopt a "fundament...
This paper provides a brief survey of previous applications of chaotic analysis to exchange rate ser...
In this paper the author analyzes the behavior of exchange rates expectations for four currencies, b...
In the present paper, we investigate the complex dynamics arising from a behavioral exchange rate di...
System Dynamics of Chaotic Foreign-Exchange Markets Studies on chaos as a reason for non-linear...
According to the chartist-fundamentalist approach, exchange rate fluctuations are at least partially...
Economy is demanding new models, able to understand and predict the evolution of markets. To this re...
This paper provides a brief survey of previous applications of chaotic analysis to exchange rate ser...
We develop a simple theoretical model in which chartists and fundamentalists interact. The model pre...