Novel Methods for Observing Economical Circulations

نویسنده

  • Toshihiro Iwata
چکیده

Regression analysis, in which anyone can find similar conclusions, has been used particularly in the field of economics. It is certainly deterministic. It seems that if a determinate coefficient approaches 1, we can be confident in the conclusions of the analysis, but the conclusions of regression analysis are more ambiguous than commonly thought. Indeed, we have faced great difficulties in forecasting business cycles, the price of stocks, and foreign exchange rates. I would like to begin by describing the meaning of “chaos analysis.” In typical chaos research studies, there have been many attempts to show that small changes in initial values or parameters in equations cause the irregular occurrence of unstable or discontinuous phenomena. This study deals with a new type of chaotic analysis in economics. This is a positive approach toward chaotic phenomena, not an abstract approach. The components of complexity and circulations (spectrum and moving slope) coexist.

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عنوان ژورنال:
  • Complex Systems

دوره 17  شماره 

صفحات  -

تاریخ انتشار 2007