An alternative visualization of business cycles in chaos

Document Type

Article

Publication Date

1-1-2010

Abstract

This paper suggests the application of multi-dimensional graphs in the study of business cycles in the context of chaos theory. The alternative multidimensional graphic method used is known as the Kite-Cartesian space (Ruiz, 2006). The Kite-Cartesian space is an alternative analytical tool for observing changes in the behavior of business cycles from a multi-dimensional perspective. We apply the Kite-Cartesian analysis to assess U.S. business cycles from 1940 to 2005 by trimester. The Kite-Cartesian approach provides optical "snapshots" of the national income make-up at any one point in time, thus revolutionizing existing methods of visualization.

Keywords

Econographicology, Macroeconomics, Economic Modeling

Publication Title

International Journal of Economic Research

ISSN

0972-9380

Divisions

FacultyofEconomicsAdministration

Volume

7

Issue

1

Publisher

International Union of Crystallography

Publisher Location

COMMERCE PLACE, 350 MAIN ST, MALDEN 02148, MA USA

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