On controlling chaotic dynamics in the foreign exchange market

Звягинцев А.И.
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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.

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Citation:
Zvyagintsev, A.I. (2019) On controlling chaotic dynamics in the foreign exchange market. Ekonomicheskie otnosheniya, 9(3), 2349-2366. doi: 10.18334/eo.9.3.41137 (in Russian)

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