On controlling chaotic dynamics in the foreign exchange market
Звягинцев А.И.1
1 Акционерное общество «Императорский фарфоровый завод»
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Volume 9, Number 3 (July-September 2019)
Please, cite as:
Zvyagintsev A.I. O kontrole khaotichnoy dinamiki na valyutnom rynke // Ekonomicheskie otnosheniya. – 2019. – Tom 9. – № 3. – S. 2349-2366. – doi: 10.18334/eo.9.3.41137.
Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=41243712
Cited: 8 by 28.06.2023
Abstract:
In this paper, the problem of developing preventive measures in order to avoid chaotic surges in the exchange rate is considered. An economic-mathematical model is proposed. This model allows to analyze the possibilities of neutralizing high volatility of the exchange rate and helps to bring the exchange rate dynamics to a stable periodic trajectory. The most important feature of the specified model is that it was obtained using practical recommendations for preventing short-term crisis by the means of timely preventive measures. The methods developed in this paper are quite convenient from a practical point of view and can be easily adapted to the market realities. Obtained model complements the set of anti-crisis measures for the foreign exchange market.
Keywords: volatility, exchange rate, economic-mathematical modeling, stabilization, chaos control theory
JEL-classification: H12, E58, F31, C65
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