This paper investigates the performances of an inflation targeting regime in a learning economy framed as an Agent-Based Model (ABM). We keep our ABM as close as possible to the original New Keynesian (NK) model, but we model the individual behaviour of the agents under procedural rationality à...

Extensive exploration of simulation models comes at a high computational cost, all the more when the model involves a lot of parameters. Economists usually rely on random explorations, such as Monte Carlo simulations, and basic econometric modeling to approximate the properties of computational...

This article analyses the ability of the learning firms in a Cournot oligopoly to discover market solutions more collusive that the Cournot equilibrium (CE). We start from the results of Vallée and Yıldızoğlu (J Econ Behav Organ 72:670–690, <CitationRef CitationID="CR11">2009</CitationRef>) and of Alós-Ferrer (Int J Ind Organ...</citationref>

[fre] Cette contribution se présente comme un bilan des travaux récents consacrés à la gestion de l’incertitude par la politique monétaire et aux critères permettant d’appréhender cette question sur le plan empirique. L’accent est mis sur l’incertitude qui entoure le mécanisme de...