Chaotic Behavior of Real Exchange Rate Model: Perspectives on Lyapunov Exponents

DOI

10.2991/jcis.2006.189How to use a DOI?

Keywords

real exchange rate, simple logistic function, chaos, bifurcation, Lyapunov exponent

Abstract

The behaviors of the real exchange rate corresponding to capital mobility within an open-economy macroeconomic framework are investigated. Chaotic phenomena are reasonable candidates for analyzing the random walk behaviors of the given real exchange rate model similar to the simple logistic map. Method of Lyapunov exponents helps determine varied chaotic phenomena in order to choose specific capital mobility.

Copyright

© 2006, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Chung-Ming Ou
AU  - C.R. Ou
PY  - 2006/10
DA  - 2006/10
TI  - Chaotic Behavior of Real Exchange Rate Model: Perspectives on Lyapunov Exponents
BT  - Proceedings of the 9th Joint International Conference on Information Sciences (JCIS-06)
PB  - Atlantis Press
SP  - 536
EP  - 538
SN  - 1951-6851
UR  - https://doi.org/10.2991/jcis.2006.189
DO  - 10.2991/jcis.2006.189
ID  - Ou2006/10
ER  -