Hopf bifurcation in an open monetary economic system: Taylor vs. inflation targeting rules (Malaysian case)

Figures & data

Figure 1. Malaysia output gap. Source: Authors’ Calculation.

Figure 2. Malaysia inflation rate. Source: World Development Indicators.

Figure 3. Malaysia real exchange rate. Source: World Development Indicators.

Figure 4. The graph on mathematical expected condition from 2004 until 2014 based on the third equation in the basic model