Agent-Based Macroeconomics✶
Herbert Dawid⁎,1; Domenico Delli Gatti†,‡ ⁎Department of Business Administration and Economics and Center for Mathematical Economics, Bielefeld University, Bielefeld, Germany†Complexity Lab in Economics (CLE), Department of Economics and Finance, Università Cattolica del Sacro Cuore, Italy‡CESifo Group Munich, Germany1Corresponding author. email address: hdawid@wiwi.uni-bielefeld.de
Abstract
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 ...
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