In most transition economies, agricultural reforms have led to the emergence of family farms and household food production and to the decline of corporate farms. This study explores that trend for the case of Lithuania based on secondary information and primary survey data. The structure of...

Given the economy's complex behavior and sudden transitions as evidenced in the 2007–2008 crisis, agent-based models are widely considered a promising alternative to current macroeconomic research dominated by DSGE models. Their failure is commonly interpreted as a failure to incorporate...