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Transitions from stable equilibrium points to periodic cycles to chaos in a phillips curve system

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  • Soliman, A. S.

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  • Soliman, A. S., 1996. "Transitions from stable equilibrium points to periodic cycles to chaos in a phillips curve system," Journal of Macroeconomics, Elsevier, vol. 18(1), pages 139-153.
    • Handle: RePEc:eee:jmacro:v:18:y:1996:i:1:p:139-153
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    References listed on IDEAS

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    1. A. W. Phillips, 1958. "The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957," Economica, London School of Economics and Political Science, vol. 25(100), pages 283-299, November.
    2. Fischer, Edwin O & Jammernegg, Werner, 1986. "Empirical Investigation of a Catastrophe Theory Extension of the Phillips Curve," The Review of Economics and Statistics, MIT Press, vol. 68(1), pages 9-17, February.
    3. DeCoster, Gregory P. & Mitchell, Douglas W., 1992. "Dynamic implications of chaotic monetary policy," Journal of Macroeconomics, Elsevier, vol. 14(2), pages 267-287.
    4. Day, Richard H, 1982. "Irregular Growth Cycles," American Economic Review, American Economic Association, vol. 72(3), pages 406-414, June.
    5. Reichlin, Pietro, 1990. "Output-inflation cycles in an economy with staggered wage setting," Journal of Economic Dynamics and Control, Elsevier, vol. 14(3-4), pages 597-625, October.
    6. Santomero, Anthony M & Seater, John J, 1978. "The Inflation-Unemployment Trade-off: A Critique of the Literature," Journal of Economic Literature, American Economic Association, vol. 16(2), pages 499-544, June.
    7. Pierce, David G. & Tysome, Peter J., 1985. "Monetary Economics," Elsevier Monographs, Elsevier, edition 2, number 9780408709538.
    8. Dwyer, Gerald P, Jr, 1992. "Stabilization Policy Can Lead to Chaos," Economic Inquiry, Western Economic Association International, vol. 30(1), pages 40-46, January.
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    Cited by:

    1. Albu, Lucian Liviu, 2008. "Strain and Inflation-Unemployment Relationship in Transitional Economies: A theoretical and empirical investigation," Working Papers of Institute for Economic Forecasting 081103, Institute for Economic Forecasting.
    2. Albu, Lucian-Liviu, 2006. "Non-linear models: applications in economics," MPRA Paper 3100, University Library of Munich, Germany.
    3. Hartwell, Christopher A., 2019. "Short waves in Hungary, 1923 and 1946: Persistence, chaos, and (lack of) control," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 532-550.
    4. Soliman, A. S., 1999. "An Analysis of the Effectiveness of Policy Based on Basins of Attraction," Journal of Macroeconomics, Elsevier, vol. 21(1), pages 165-178, January.
    5. Montoro, Juan D. & Paz, Jose V. & Roig, Miguel, 1998. "Active Monetary Policy and Instability in a Phillips Curve System," Journal of Macroeconomics, Elsevier, vol. 20(4), pages 843-856, October.
    6. Elena Olmedo, 2014. "Forecasting Spanish Unemployment Using Near Neighbour and Neural Net Techniques," Computational Economics, Springer;Society for Computational Economics, vol. 43(2), pages 183-197, February.
    7. Hartwell Christopher A., 2019. "Complexity, Uncertainty, and Monetary Policy: Can the ECB Avoid the Unconventional Becoming the ‘New Normal’?," The Economists' Voice, De Gruyter, vol. 16(1), pages 1-13, December.
    8. Olmedo, Elena, 2011. "Is there chaos in the Spanish labour market?," Chaos, Solitons & Fractals, Elsevier, vol. 44(12), pages 1045-1053.

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