An Alternative Visualization of Business Cycles in Chaos

International Journal of Economic Research (IJER), Vol. 7, No. 1, 2010.

Posted: 24 Sep 2009 Last revised: 30 Dec 2009

See all articles by Su-Fei Yap

Su-Fei Yap

University of Malaya - FEA

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Multiple version iconThere are 2 versions of this paper

Date Written: September 24, 2009

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 multidimensional 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

JEL Classification: C40

Suggested Citation

Yap, Su-Fei and Ruiz Estrada, Mario Arturo, An Alternative Visualization of Business Cycles in Chaos (September 24, 2009). International Journal of Economic Research (IJER), Vol. 7, No. 1, 2010. . Available at SSRN: https://ssrn.com/abstract=1477718

Su-Fei Yap

University of Malaya - FEA ( email )

Kuala Lumpur, Wilayah Persekutuan 50603
University of Malaya (UM)
50603 Kuala Lumpur
Malaysia
60 17 342 0171 (Phone)

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

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