A Non-linear Inflation Growth Model
A Non-linear Inflation Growth Model

Author(s): Vesna Jablanović
Subject(s): Social Sciences, National Economy, Financial Markets
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Inflation; Growth; Chaos
Summary/Abstract: In the short run, the fall in aggregate demand leads to falling output and price level and rising unemployment. In this sense, it is important to use the Phillips curve, i.e., the curve that shows the short-run relationship between inflation and unemployment. This paper creates a relatively simple chaotic inflation rate growth model. Also, this paper examines the inflation rate growth stability in the period 2000-2021 in France, and confirms the existence of the convergent fluctuations of the inflation rate in France in the observed period.

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