An Alternative Visualization of Business Cycles in Chaos

FEA Working Paper No. 2009-14

13 Pages Posted: 1 Apr 2010

See all articles by Su-Fei Yap

Su-Fei Yap

University of Malaya - FEA

Mario Arturo Ruiz Estrada

Akademia Ekonomiczno-Humanistyczna w Warszawie

Multiple version iconThere are 2 versions of this paper

Date Written: March 29, 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 Estrada, 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: C40

Suggested Citation

Yap, Su-Fei and Ruiz Estrada, Mario Arturo, An Alternative Visualization of Business Cycles in Chaos (March 29, 2010). FEA Working Paper No. 2009-14 , Available at SSRN: https://ssrn.com/abstract=1581196

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)

Akademia Ekonomiczno-Humanistyczna w Warszawie ( email )

Okopowa 59, 01-043 Warsaw, Poland
Warsaw, 00-007
Poland
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