Nonlinearities and Cyclical Behavior: The Role of Chartists and Fundamentalists

By Frank H. Westerhoff, Stefan Reitz. 2003

130 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/7de343ebacc42590ae4c60770dff6f953e8879f0

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Florian Wagener
2. Cars H. Hommes
3. Thomas Lux
4. Friedrich Wagner
5. Simone Alfarano
6. Frank H. Westerhoff
7. Roberto Dieci
8. Xue-zhong He

Citations in the corpus

• Estimation of Agent-Based Models: The Case of an Asymmetric Herding Model (2005, background): “(Vigfusson, 1997; Westerhoff and Reitz, 2003), for true multi-agent models parameter estimation and evaluation on the base of empirical data is still largely missing in the pertinent literature.”
• Complex Evolutionary Systems in Behavioral Finance (2008, background): “Westerhoff and Reitz (2003) also estimate an HAM with fundamentalists and chartists to exchange rates and find considerable fluctuations of the market impact of fundamentalists.”