After the discovery in early 1960s by E. Lorenz and Y. Ueda of the first example of a chaotic
attractor in numerical simulation of a real physical process, a new scientific direction of …

Cyclicality and instability inherent in the economy can manifest themselves in irregular
fluctuations, including chaotic ones, which significantly reduces the accuracy of forecasting …

Forecasting and analyses of the dynamics of financial and economic processes such as
deviations of macroeconomic aggregates (GDP, unemployment, and inflation) from their …

This paper addresses the problem of chaos control in an economic mathematical dynamical
model. By regarding the control variables as the bifurcation parameters, the stability of …

The paper studies monetary and fiscal policy rules consistent with determinate equilibrium
dynamics. We consider a three-dimensional New Keynesian model in continuous time with …

One of the central tasks of macroeconomic analysis is forecasting and control of economic
agents' expectations for key macroeconomic indicators such as inflation, gross domestic …

Abstract Dynamics of the New Keynesian model in continuous time with the Rotemberg
pricing mechanism is considered within a framework of an optimal control problem. Various …

Irregular, especially chaotic, behavior is often undesirable for economic processes because
it presents challenges for predicting their dynamics. In this situation, control of such a …

Irregular fluctuations in economy lead to unpredictable effects and disrupt its stable
functioning. Various tools could be used to stabilize irregular dynamics in economic models …

The accuracy of forecasting the expected values of economic indicators under conditions of
irregular dynamics has a key role in taking optimal management decision-making. The …