Microsimulation Modelling of the Corporate Firm : Exploring Micro-Macro Economic Relations

This book treats the modelling of individual corporate firms within an economy-wide framework. Microsimulation is used to bridge the gap between partial theories of firm behaviour and economy-wide modelling. The book gives practical guidelines for the construction and application of such micro-macro models. The microsimulation approach is applied to Dutch firms and the Dutch economy. Simulation studies are conducted to study the relationship between the corporate firm and the economy, which yields rich insights for the design of industrial policies