Chaos Theory aims to find the underlying order from apparently random data. Every economic process produce one or many time series. Determining if the process is or not chaotic may supply valuable information about how to deal with that process. There is no single test that identify chaos, so to...

For the chaotic systems, the fact that they are deterministic does not make them predictable. However, the predictive power in the case of chaotic systems can be improved and this can be illustrated by weather system for which predictions for short periods have reached to a very good accuracy. A...