Numerical Exploration of Kaldorian Macrodynamics: Hopf-Neimark Bifurcations and Business Cycles with Fixed Exchange Rates by Toichiro Asada, Christos Douskos, Panagiotis Markellos

“…We explore numerically a three-dimensional discrete-time Kaldorian macrodynamic model in an open economy with fixed exchange rates, focusing on the effects of variation of the model parameters, the speed of adjustment of the goods market α, and the degree of capital mobility β on the stability of equilibrium and on the existence of business cycles. …”
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Empirical investigation of the relationship between public external debt sustainability, foreign reserves and fixed exchange rate by Fatima-Ezzahra Rafie, Mostafa Lekhal

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Monetary Union is the future of EAEU by V. S. Kuznetsov

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THE MECHANISM OF CURRENCY REGULATION IN MODERN CONDITIONS: THEORETICAL ASPECT by K. G. Bunevich, T. A. Gorbacheva

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Numerical Exploration of Kaldorian Macrodynamics: Enhanced Stability and Predominance of Period Doubling and Chaos with Flexible Exchange Rates by Toichiro Asada, Christos Douskos, Panagiotis Markellos

“…Finally, we explore a special model variation incorporating the “wealth effect” which is found to behave similarly to the basic model, contrary to the model of fixed exchange rates in which incorporation of this effect causes an entirely different behavior.…”
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Numerical Exploration of Kaldorian Interregional Macrodynamics: Enhanced Stability and Predominance of Period Doubling under Flexible Exchange Rates by Toichiro Asada, Christos Douskos, Vassilis Kalantonis, Panagiotis Markellos

“…By contrast to the corresponding fixed exchange rates system, for cycles to occur sufficient amount of trade is required together with high levels of capital movement. …”
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