Chaotic Phenomena and Oscillations in Dynamical Behaviour of Financial System via Fractional Calculus

<div>Time series analysis and chaotic behaviour of the proposed fractional model (2) of the financial system with the fractional order <svg height="9.49473pt" id="M19" style="vertical-align:-0.2063999pt" version="1.1" viewbox="-0.0498162 -9.28833 43.5475 9.49473" width="43.5475pt" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g transform="matrix(.013,0,0,-0.013,0,0)"><path d="M501 444C501 643 409 712 321 712C208 712 108 618 108 502C108 412 172 331 293 331C337 331 394 359 420 378C397 154 341 41 258 41C209 41 178 76 178 161C178 232 171 299 114 299C76 299 38 272 23 257L29 232C42 236 54 239 66 239C91 239 106 221 102 149C95 20 158 -12 219 -12C264 -12 314 10 353 47C461 150 501 295 501 444ZM423 443C423 433 422 422 421 412C401 396 370 385 335 385C245 385 180 444 180 537C180 609 212 671 286 671C349 671 423 595 423 443Z"></path></g><g transform="matrix(.013,0,0,-0.013,10.367,0)"><path d="M535 323V373H52V323H535ZM535 138V188H52V138H535Z"></path></g><g transform="matrix(.013,0,0,-0.013,21.63,0)"><path d="M241 635C89 635 35 457 35 312C35 153 89 -12 240 -12C390 -12 443 166 443 312C443 466 390 635 241 635ZM238 602C329 602 354 454 354 312C354 172 330 22 240 22C152 22 124 173 124 313S148 602 238 602Z"></path></g><g transform="matrix(.013,0,0,-0.013,27.87,0)"><path d="M113 -12C146 -12 170 11 170 46C170 78 146 103 114 103S58 78 58 46C58 11 82 -12 113 -12Z"></path></g><g transform="matrix(.013,0,0,-0.013,30.834,0)"><path d="M285 378C315 398 338 416 353 432C373 451 384 474 384 503C384 579 325 635 236 635H235C182 635 136 610 108 579L65 516L85 496C110 533 150 575 205 575C258 575 300 543 300 481C300 407 232 369 141 339L147 310C163 315 188 321 211 321C268 321 338 284 338 192C338 94 288 40 217 40C160 40 119 68 93 91C85 98 77 97 69 91C60 84 47 71 46 58C44 46 48 35 62 22C75 10 116 -12 162 -12C234 -12 424 62 424 224C424 297 373 359 285 376V378Z"></path></g><g transform="matrix(.013,0,0,-0.013,37.074,0)"><path d="M153 550H386L412 615L406 623H120L82 318C104 327 142 338 184 338C294 338 347 275 347 187C347 112 305 39 221 39C160 39 119 71 97 89C88 97 80 96 71 90C59 80 50 67 49 57C48 45 52 36 66 23C80 9 123 -12 169 -12C221 -11 288 15 342 59C403 109 431 165 431 225C431 308 366 395 238 395C212 395 165 379 127 364L153 550Z"></path></g></svg> to conceptualize the influence of <svg height="9.49473pt" id="M20" style="vertical-align:-0.2063999pt" version="1.1" viewbox="-0.0498162 -9.28833 6.85886 9.49473" width="6.85886pt" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g transform="matrix(.013,0,0,-0.013,0,0)"><path d="M501 444C501 643 409 712 321 712C208 712 108 618 108 502C108 412 172 331 293 331C337 331 394 359 420 378C397 154 341 41 258 41C209 41 178 76 178 161C178 232 171 299 114 299C76 299 38 272 23 257L29 232C42 236 54 239 66 239C91 239 106 221 102 149C95 20 158 -12 219 -12C264 -12 314 10 353 47C461 150 501 295 501 444ZM423 443C423 433 422 422 421 412C401 396 370 385 335 385C245 385 180 444 180 537C180 609 212 671 286 671C349 671 423 595 423 443Z"></path></g></svg> on the system while the other parameters <i>a</i>, <i>b</i>, and <i>c</i> are fixed.</div>

Complexity

fig1

Figure 1

Figure 1: Chaotic Phenomena and Oscillations in Dynamical Behaviour of Financial System via Fractional Calculus 