• Title of article

    A note on some properties of the ESTAR model

  • Author/Authors

    David Chappell، نويسنده , , David A. Peel، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1998
  • Pages
    5
  • From page
    311
  • To page
    315
  • Abstract
    Some properties of ESTAR models are derived. We demonstrate that these models can exhibit chaotic dynamics and multiple equilibria. We show that a nonchaotic deterministic model with added noise can produce a time series that (falsely) appears to be chaotic.
  • Keywords
    Multiple equilibria , ESTAR models , Chaos
  • Journal title
    Economics Letters
  • Serial Year
    1998
  • Journal title
    Economics Letters
  • Record number

    434625