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ERIES Agent-Based Macroeconomics and Classical Political Economy : Some Italian Roots Giovanni Dosi °
| Content Provider | Semantic Scholar |
|---|---|
| Author | Roventini, Andrea |
| Copyright Year | 2017 |
| Abstract | 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 agentbased 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. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.lem.sssup.it/WPLem/files/2017-19.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
