Monthly Archives: April 1997

Fractal_Approach_Fig_2

Fractal approach in ecoonomics (Advanced Methods in Management, 1997)

New diagnostics and modeling approaches for dynamic processes of economics have been considered. It has been shown that most of economic variables exhibit complex fractal temporal behavior rather than simple trends or cycles implied by traditional approaches of economic time series analysis. Fractal analysis indices are suggested that allow to obtaining valuable information about degree of process stability in the system and provide new possibilities for forecasting in economics and […]

Read More