Coupled Criticality Analysis of Inflation and Unemployment

Coupled Criticality Analysis of Inflation and Unemployment

In this paper, we focus on the critical periods in the economy that are characterized by unusual and large fluctuations in macroeconomic indicators, like those measuring inflation and unemployment. We analyze U.S. data for 70 years from 1948 until 2018. To capture their fluctuation essence, we conce...

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Bibliographic Details
Main Authors: Zahra Koohi Lai, Ali Namaki, Ali Hosseiny, Gholamreza Jafari, Marcel Ausloos
Format: Article
Language:English
Published: MDPI AG 2021-12-01
Series:Entropy
Subjects:
non-Gaussianity
bivariate multifractal random walk
inflation
unemployment
complex systems
Online Access:https://www.mdpi.com/1099-4300/23/1/42

Internet

https://www.mdpi.com/1099-4300/23/1/42

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