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El control de sistemas dinámicos caóticos en economía: aplicación a un modelo de hiperinflación

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  • Graciela Chaparro Guevara
  • Lorenzo Escot Mangas

Abstract

RESUMEN El presente artículo tiene por objetivo estudiar el control del comportamiento caótico de un sistema dinámico de hiperinflación empleando el método propuesto por Ott, Grebogy y Yorke (1990) (método OGY), el cual busca controlar la dinámica caótica de un sistema perturbando levemente alguno de sus parámetros. El método se ejemplificará por medio de la aplicación logística, y posteriormente se empleará en un modelo de hiperinflación (Punita, 2011) para estabilizar los precios en una órbita estacionaria de periodo uno.******This article examines control of chaotic behavior in a dynamic hyperinflation system using a method proposed by Ott, Grebogi, and Yorke (1990) (OGY method), which seeks to control the chaotic dynamic by slightly perturbing some of the system’s parameters. An example of the method is given through logistic application, and it is subsequently applied in a hyperinflation model (Punita, 2011) to stabilize prices in a stationary one-period orbit.

Suggested Citation

  • Graciela Chaparro Guevara & Lorenzo Escot Mangas, 2015. "El control de sistemas dinámicos caóticos en economía: aplicación a un modelo de hiperinflación," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 7(1), pages 131-145, January.
    • Handle: RePEc:col:000443:012601
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    References listed on IDEAS

    as
    1. Chen, Liang & Chen, Guanrong, 2007. "Controlling chaos in an economic model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 374(1), pages 349-358.
    2. Bala, Venkatesh & Majumdar, Mukul & Mitra, Tapan, 1998. "A note on controlling a chaotic tatonnement," Journal of Economic Behavior & Organization, Elsevier, vol. 33(3-4), pages 411-420, January.
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    More about this item

    Keywords

    control del caos; método OGY; hiperinflación. control of chaos; OGY method; hyperinflation.;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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