Numerical Exploration of Kaldorian Macrodynamics: Enhanced Stability and Predominance of Period Doubling and Chaos with Flexible Exchange Rates

Figure 5.1

Chaotic attractors in their projections in the (𝑌,𝐾) plane (left) and the (𝑌,𝐸) plane (right), for 𝑍=120,𝛽=5, and 𝛼=0.83 (top), 𝛼=0.9 (bottom).

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