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.
- Sprache
-
Englisch
- Erschienen in
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Series: LEM Working Paper Series ; No. 2017/19
- Klassifikation
-
Wirtschaft
History of Economic Thought: Macroeconomics
Macroeconomics and Monetary Economics: General
Business Fluctuations; Cycles
- Thema
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Agent-Based Macroeconomics
Classical Political Economy
Macrodynamics
Complexity Theory
L. L. Pasinetti
P. Sylos Labini
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dosi, Giovanni
Roventini, Andrea
- Ereignis
-
Veröffentlichung
- (wer)
-
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
- (wo)
-
Pisa
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Dosi, Giovanni
- Roventini, Andrea
- Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
Entstanden
- 2017