Related papers: Finite-Time Singularity Signature of Hyperinflatio…
A model proposed by Sornette, Takayasu, and Zhou for describing hyperinflation regimes based on adaptive expectations expressed in terms of a power law which leads to a finite-time singularity is revisited. It is suggested to express the…
The aim of this work is to address the description of hyperinflation regimes in economy. The spirals of hyperinflation developed in Brazil, Israel, and Nicaragua are revisited. This new analysis of data indicates that the episodes occurred…
An extension of the nonlinear feedback (NLF) formalism to describe regimes of hyper- and high-inflation in economy is proposed in the present work. In the NLF model the consumer price index (CPI) exhibits a finite time singularity of the…
The analysis of dollar inflation performed by the authors through the approximation of empirical data for 1913-2012 with a power-law function with an accelerating log-periodic oscillation superimposed over it has made it possible to detect…
Analyzing historical data of price indices we find an extraordinary growth phenomenon in several examples of hyper-inflation in which price changes are approximated nicely by double-exponential functions of time. In order to explain such…
We provide a detailed quantitative description of singular inflation. Its close analogy with finite-time future singularity which is associated to dark energy era is described. Calling and classifying the singularities of such inflation as…
The inflationary paradigm has transformed our understanding of the early universe; yet most inflationary models are considered geodesically past-incomplete, suggesting a beginning of time or a primordial Big Bang singularity. The…
An outgrowth of the idea of inflation is advanced. In the inflation regime, the singularity condition is broken. Equations which govern inflation are invariant under time reversal, so that they describe deflation as well. Those two…
Two distinct classes of realistic inflationary models consistent with present observations are reviewed. The first example relies on the Coleman-Weinberg potential and is readily realized within the framework of spontaneously broken global…
We prove that a homogeneous and isotropic universe containing a scalar field with a power-law potential, $V(\phi )=A\phi ^{n}$, with $0<n<1$ and $A>0$ always develops a finite-time singularity at which the Hubble rate and its first…
In this paper, we examine a flat FLRW spacetime with a scalar field potential and show by applying Osgood's criterion to the Einstein field equations that all such models, irrespective of the particular choice of potential develop…
We demonstrate that the intermediate inflation scenario, is a singular inflation cosmology, with the singularity at the origin $t=0$ being a pressure and energy density singularity and particularly a Type III singularity. Also, we show that…
The empirical literature provides mixed results on the relationship between inflation and unemployment, therefore, there is no consensus on validity and stability of the Phillips Curve. It also seems to be closely related with…
The possibility to construct an inflationary universe scenario for the finite-scale gauged Nambu-Jona-Lasinio model is investigated. This model can be described by the Higgs-Yukawa type interaction model with the corresponding compositeness…
A model of a universe without big bang singularity is presented, which displaysanearly inflationary period ending just before a phase transition to a deflationary epoch. The model produces enough heavy particles so as to reheat the universe…
We provide a theoretical model of $F(R)$ gravity in which it is possible to describe in a unified way inflation, an early and a late dark energy era, in the presence of a light axion particle which plays the role of the dark matter…
Monetary inflation is a sustained increase in the money supply than can result in price inflation, which is a rise in the general level of prices of goods and services. The objectives of this paper were to develop economic models to (1)…
We construct a two-stage inflationary model which can accommodate early inflation at a scale $\Lambda_1$ as well as a second stage of inflation at $\Lambda_2$ with a single scalar field $\phi$. We use a symmetric potential, valid in a…
We propose a new model for the joint evolution of the European inflation rate, the European Central Bank official interest rate and the short-term interest rate, in a stochastic, continuous time setting. We derive the valuation equation for…
Since the beginning of this century the Colombian monetary authority has conducted monetary policy under a strategy based on setting targets for interest rate and inflation, while allowing the exchange rate of the U.S. dollar in domestic…