Exchange rate bifurcation in a stochastic evolutionary finance model

This paper analyzes the stability and fluctuations of the exchange rate with a speculative bubble using the methods of evolutionary finance and stochastic differential equations. It constructs a hybrid stochastic system for the financial market involving a discrete time process and a continuous time...

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Bibliographic details
Volume: 35
Main Author: Gagnon, Gregory
Format: Journal Article
Language: English
Place of publication: Milan Springer Milan 01.05.2012
Springer
published in: Decisions in economics and finance Vol. 35; no. 1; pp. 29 - 58
Data of publication: 20120500
ISSN: 1593-8883
1129-6569
EISSN: 1129-6569
Discipline: Economics
Social Sciences (General)
Series: Decisions in Economics and Finance
Subjects:
F31
G12
C62
Online Access: Fulltext
Database: RePEc
RePEc IDEAS
CrossRef
Database information Databases - DBIS