An alternative visualization of business cycles in chaos
This paper suggests the application of multi-dimensional graphs in the study of business cycles in the context of chaos theory. The alternative multidimensional graphic method used is known as the Kite-Cartesian space (Ruiz, 2006). The Kite-Cartesian space is an alternative analytical tool for obser...
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| Main Authors: | , |
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| Format: | Article |
| Published: |
International Union of Crystallography
2010
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| Subjects: | |
| Online Access: | http://eprints.um.edu.my/15208/ https://ssrn.com/abstract=1477718 |
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| Institution: | Universiti Malaya |
| Summary: | This paper suggests the application of multi-dimensional graphs in the study of business cycles in the context of chaos theory. The alternative multidimensional graphic method used is known as the Kite-Cartesian space (Ruiz, 2006). The Kite-Cartesian space is an alternative analytical tool for observing changes in the behavior of business cycles from a multi-dimensional perspective. We apply the Kite-Cartesian analysis to assess U.S. business cycles from 1940 to 2005 by trimester. The Kite-Cartesian approach provides optical "snapshots" of the national income make-up at any one point in time, thus revolutionizing existing methods of visualization. |
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