Agent-Based Macroeconomics ✶ ✶The authors are grateful for helpful comments and suggestions from Tiziana Assenza, Jean-Philippe Bouchaud, Silvano Cincotti, Giovanni Dosi, Giorgio Fagiolo, Edoardo Gaffeo, Mauro Gallegati, Gavin Goy, Philipp Harting, Cars Hommes, Sander van der Hoog, Peter Howitt, Blake LeBaron, Marco Raberto, Andrea Roventini, Alberto Russo, and Isabelle Salle

Autor: Herbert Dawid, Domenico Delli Gatti
Rok vydání: 2018
Předmět:
Popis: This chapter surveys work dedicated to macroeconomic analysis using an agent-based modeling approach. After a short review of the origins and general characteristics of this approach a systemic comparison of the structure and modeling assumptions of a set of important (families of) agent-based macroeconomic models is provided. The comparison highlights substantial similarities between the different models, thereby identifying what could be considered an emerging common core of macroeconomic agent-based modeling. In the second part of the chapter agent-based macroeconomic research in different domains of economic policy is reviewed.
Databáze: OpenAIRE