Agent-based Macroeconomics

The Schumpeter Meeting Keynes Models Engelstalig

Giovanni (Scuola Superiore Sant'Anna) Dosi, Andrea (Scuola Superiore Sant'Anna) Roventini

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Agent-based Macroeconomics - Giovanni (Scuola Superiore Sant'Anna) Dosi, Andrea (Scuola Superiore Sant'Anna) Roventini 1

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Omschrijving

This Element is about agent-based macroeconomics in general, and in particular about a family of evolutionary, agent-based models (ABMs), which are called 'Schumpeter meeting Keynes' (or K+S). The K+S models knit together 'Schumpeterian' endogenous processes of innovation with 'Keynesian' mechanisms of demand generation.