Showing 371 - 380 of 385
We develop a macroeconomic agent-based model to study the role of systemically important banks (SIBs) in financial stability and the effectiveness of capital surcharges on SIBs as a risk management tool. The model is populated by heterogeneous firms, consumers, and banks interacting locally in...
Persistent link: https://www.econbiz.de/10014332099
Persistent link: https://www.econbiz.de/10015106492
We build a simple dynamic model to study the effects of technological learning, market selection and international competition in the determination of export flows and market shares. The model features two countries populated by firms with heterogeneous productivity levels and sales. Market...
Persistent link: https://www.econbiz.de/10013211216
Persistent link: https://www.econbiz.de/10013187506
Is aggregate income enough to summarize the well-being of a society? We address this long-standing question by exploiting a novel approach to study the relationship between gross domestic product (GDP) and a set of economic, social and environmental indicators for nine developed economies. By...
Persistent link: https://www.econbiz.de/10013193302
This paper presents the family of the Keynes Schumpeter (K S, cf. Dosi et al, 2010, 2013, 2014) evolutionary agent-based models, which study the effects of a rich ensemble of innovation, industrial dynamics and macroeconomic policies on the long-term growth and short-run fluctuations of the...
Persistent link: https://www.econbiz.de/10013044166
Persistent link: https://www.econbiz.de/10014472042
We provide a survey of the micro and macroeconomics of climate change from a complexity science perspective and we discuss the challenges ahead for this line of research. We identify four areas of the literature where complex system models have already produced valuable insights: (i) coalition...
Persistent link: https://www.econbiz.de/10012987158
We develop an agent-based model in which heterogeneous firms and households interact in labor and good markets according to centralized or decentralized search and matching protocols. As the model has a deterministic backbone and a full-employment equilibrium, it can be directly compared to...
Persistent link: https://www.econbiz.de/10012990688
Persistent link: https://www.econbiz.de/10011934590