An alternative visualization of business cycles in chaos

• Main Authors: Yap, Su Fei, Ruiz Estrada, Mario Arturo
• Format: Article
• Published: International Union of Crystallography 2010
• Subjects: HF Commerce; Business
• Online Access: http://eprints.um.edu.my/15208/; https://ssrn.com/abstract=1477718
• Institution: Universiti Malaya

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.