Emergent Macroeconomics: An Agent-Based Approach to Business Fluctuations - Brossura

Gatti, Domenico

Brossura

ISBN 10: 8847015618 ISBN 13: 9788847015616

Casa editrice: Springer, 2010

Riassunto

] consists of - pansions occurring at about the same time in many economic activities, f- lowed by similairly general recessions, contractions, and revivals which merge into the expansion phase of the next cyxle" (Burns and Mitchell, 1946).

Su questo libro

Dalla quarta di copertina

This book contributes substantively to the current state-of-the-art of macroeconomics by providing a method for building models in which business cycles and economic growth emerge from the interactions of a large number of heterogeneous agents. Drawing from recent advances in agent-based computational modeling, the authors show how insights from dispersed fields like the microeconomics of capital market imperfections, industrial dynamics and the theory of stochastic processes can be fruitfully combined to improve our understanding of macroeconomic dynamics.

This book should be a valuable resource for all researchers interested in analyzing macroeconomic issues without recurring to a fictitious representative agent.

Dettagli dell'edizione

• Editore: Springer
• Data di pubblicazione: 2010
• Lingua: Inglese
• ISBN 10: 8847015618
• ISBN 13: 9788847015616
• Rilegatura: Copertina flessibile
• Numero di pagine: 128
• Contatto del produttore: non disponibile
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