# Computing Economic Chaos

@article{Day2004ComputingEC, title={Computing Economic Chaos}, author={Richard H. Day and Oleg V. Pavlov}, journal={Computational Economics}, year={2004}, volume={23}, pages={289-301} }

Existence theory in economics is usually in real domains such as the findingsof chaotic trajectories in models of economic growth, tâtonnement, oroverlapping generations models. Computational examples, however, sometimesconverge rapidly to cyclic orbits when in theory they should be nonperiodicalmost surely. We explain this anomaly as the result of digital approximationand conclude that both theoretical and numerical behavior can still illuminateessential features of the real data.

## 4 Citations

Strange Attractors Generated by Multiple-Valued Static Memory Cell with Polynomial Approximation of Resonant Tunneling Diodes

- EngineeringEntropy
- 2018

Analysis of the multiple-valued memory system (MVMS) composed by a pair of the resonant tunneling diodes, numerical values of the parameters are calculated such that funnel and double spiral chaotic attractor is observed.

Multi-valued static memory with resonant tunneling diodes as natural source of chaos

- PhysicsNonlinear Dynamics
- 2018

This paper brings deep study focused on dynamical behavior associated with a multi-valued static memory (MVSM) cell composed by a pair of the resonant tunneling diodes. Ampere–voltage characteristic…

Testing for Reverse Causation and Omitted Variable Bias in Regressions

- EconomicsSSRN Electronic Journal
- 2019

This paper shows through regression simulations that, when there are two highly collinear regressors, at least one of which has a simultaneous relationship with the dependent variable, t-ratios…

Book Reviews

- Economics
- 2007

Imagine that you have been defending a heterodox idea, like the endogeneity of money, for years. Imagine that by accident you attend a conference on ‘Inflation Targeting: A New Paradigm for Monetary…

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