Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/194680 
Erscheinungsjahr: 
2017
Quellenangabe: 
[Journal:] Cogent Economics & Finance [ISSN:] 2332-2039 [Volume:] 5 [Issue:] 1 [Publisher:] Taylor & Francis [Place:] Abingdon [Year:] 2017 [Pages:] 1-9
Verlag: 
Taylor & Francis, Abingdon
Zusammenfassung: 
The main objectives of this research are to analyze the trends of expectations condition within Malaysian economic system and investigate the existence of Hopf bifurcation in the economic dynamical system's policy in order to examine the existence of periodic solutions. The study uses two types of monetary policy rules which are namely: Taylor rule and inflation targeting rule. The results reveal that the patterns of expectations condition for Malaysia economic system from 2004 until 2014 are quite similar except for exchange rate case. Furthermore, it shows that Hopf bifurcation occurs within the policy's variables in both forms of rules in Malaysian open economic system.
Schlagwörter: 
Hopf bifurcation
Taylor rule
inflation targeting rule
Malaysian economic system
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