; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Chaotic Dynamics and Bifurcation in a Macro Model"; ; "batchuser@example.com"; "Stutzer, Michael J."; "Federal Reserve Bank of Minneapolis"; "The qualitative dynamics of a discrete time version of a deterministic, continuous time, nonlinear macro model formulated by Haavelmo are fully characterized. Recently developed methods of symbolic dynamics and ergodic theory are shown to provide a simple, effective means of analyzing the behavior of the resulting one-parameter family of first-order, deterministic, nonlinear difference equations. A complex periodic and random \"aperiodic\" orbit structure dependent on a key structural parameter is present, which contrasts with the total absence of such complexity in Haavelmo's continuous time version. Several implications for dynamic economic modelling are discussed."^^; "1980-07"; "2019-10-21T21:45:00.029716615+00:00"^^; "https://doi.org/10.21034/sr.55"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "2020-05-08T21:29:00.289225727+00:00"^^; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "766"; "Staff report (Federal Reserve Bank of Minneapolis. Research Department)"; "055"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; """Published in: _Journal of Economic Dynamics and Control_ (Vol. 2, 1980, pp. 353-376) https://doi.org/10.1016/0165-1889(80)90070-6. Related paper: [Working Paper 140: Chaotic Dynamics and Bifurcation in a Macro Model] (https://researchdatabase.minneapolisfed.org/concern/publications/r207tp34z?locale=en)"""^^; ; "Publication" . ; .