Hopf bifurcation in an open monetary economic system: Taylor vs. inflation targeting rules (Malaysian case)

The main objectives of this research are to analyze the trends of expectations condition within Malaysian economic system and investigate the existence of Hopf bifurcation in the economic dynamical system’s policy in order to examine the existence of periodic solutions. The study uses two types of m...

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Bibliographic Details
Main Authors: Mohd Naim Bin Mohd Johari, Adem Kilicman
Format: Article
Language:English
Published: Taylor & Francis Group 2017-01-01
Series:Cogent Economics & Finance
Subjects:
Online Access:http://dx.doi.org/10.1080/23322039.2017.1327184