Identification and forecasting of sharp changes in economical systems by tracking of local Lyapunov exponents

Author

Malyuk, Dmitry ; Boyarintsev, Georgy

Author_Institution

Brest State Tech. Univ.

fYear

2003

fDate

8-10 Sept. 2003

Firstpage

272

Lastpage

276

Abstract

An approach to detect sharp changes in economical systems was developed. We will give brief introduction in current methods of prediction of nonlinear and chaotic time-series and give definition of local Lyapunov exponents (LLE). Also some numerical results and discussions will be given

Keywords

Lyapunov methods; chaos; economic forecasting; nonlinear dynamical systems; time series; chaotic time-series; economical systems; local Lyapunov exponents; nonlinear dynamical system; sharp changes detection; Chaos; Convergence; Economic forecasting; Ellipsoids; Fluctuations; History; Jacobian matrices; Nonlinear dynamical systems; Stochastic processes; Testing;

fLanguage

English

Publisher

ieee

Conference_Titel

Intelligent Data Acquisition and Advanced Computing Systems: Technology and Applications, 2003. Proceedings of the Second IEEE International Workshop on

Conference_Location

Lviv

Print_ISBN

0-7803-8138-6

Type

conf

DOI

10.1109/IDAACS.2003.1249565

Filename

1249565

Link To Document

https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=2348277