Arbeitspapier
Agent-based macroeconomics and classical political economy: Some Italian roots
In this work, we discuss how the rich academic milieu left by different Italian political economy traditions after WWII paved the way to the development of a new generation of macroeconomic agent-based models. The K+S (Dosi et al., 2010, 2016a), CATS (Delli Gatti et al., 2005, 2011) and EURACE (Cincotti et al., 2010; Teglio et al., 2012) families of agent- based models are at the frontier of an alternative macroeconomic research paradigm which considers the economy as a complex evolving system. The three families of models are presented in details and their empirical performance and policy exercises discussed.
- Language
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Englisch
- Bibliographic citation
-
Series: LEM Working Paper Series ; No. 2017/19
- Classification
-
Wirtschaft
History of Economic Thought: Macroeconomics
Macroeconomics and Monetary Economics: General
Business Fluctuations; Cycles
- Subject
-
Agent-Based Macroeconomics
Classical Political Economy
Macrodynamics
Complexity Theory
L. L. Pasinetti
P. Sylos Labini
- Event
-
Geistige Schöpfung
- (who)
-
Dosi, Giovanni
Roventini, Andrea
- Event
-
Veröffentlichung
- (who)
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Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
- (where)
-
Pisa
- (when)
-
2017
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Dosi, Giovanni
- Roventini, Andrea
- Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
Time of origin
- 2017
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