Arbeitspapier
Long swings and chaos in the exchange rate in a DSGE model with a Taylor rule
A DSGE model with a Taylor rule is augmented with an evolutionary switching between technical and fundamental analyses in currency trade, where the fractions of these trading tools are determined within the model. Then, a shock hits the economy. As a result, chaotic dynamics and long swings may occur in the exchange rate, which are appealing features of the model given existing empirical evidence on chaos and long swings in exchange rate fluctuations.
- ISBN
-
978-952-462-387-2
- Sprache
-
Englisch
- Erschienen in
-
Series: Bank of Finland Research Discussion Papers ; No. 19/2007
- Klassifikation
-
Wirtschaft
Miscellaneous Mathematical Tools
Business Fluctuations; Cycles
Financial Markets and the Macroeconomy
Monetary Policy
Foreign Exchange
- Thema
-
chaotic dynamics
foreign exchange
fundamental analysis
monetary policy
technical analysis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bask, Mikael
- Ereignis
-
Veröffentlichung
- (wer)
-
Bank of Finland
- (wo)
-
Helsinki
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bask, Mikael
- Bank of Finland
Entstanden
- 2007
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