Chaotic structure of oil prices
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Tarih
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
AIP Publishing
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The fluctuations in oil prices are very complicated and therefore, it is unable to predict its effects on economies. For modelling complex system of oil prices, linear economic models are not sufficient and efficient tools. Thus, in recent years, economists attached great attention to non-linear structure of oil prices. For analyzing this relationship, GARCH types of models were used in some papers. Distinctively from the other papers, in this study, we aimed to analyze chaotic pattern of oil prices. Thus, it was used the Lyapunov Exponents and Hennon Map to determine chaotic behavior of oil prices for the selected time period.
Açıklama
Özaksoy Sonüstün, Fulya (Dogus Author) -- Conference full title: 6th International Eurasian Conference on Mathematical Sciences and Applications, IECMSA 2017; Budapest; Hungary; 15 August 2017 through 18 August 2017.
Anahtar Kelimeler
Nonlinearity, Time Series, Exchange Rate
Kaynak
6th International Eurasian Conference on Mathematical Sciences and Applications
WoS Q Değeri
Scopus Q Değeri
Cilt
1926
Sayı
Künye
Bildirici, M. E., Özaksoy Sonüstün, F. (2018). Chaotic structure of oil prices. In Ersoy S.,Ilarslan K. & Tosun M. (Eds), 6th International Eurasian Conference on Mathematical Sciences and Applications, Melville: New York: AIP Publishing. https://doi.org/10.1063/1.5020458
