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Emergent Macroeconomics

An Agent-Based Approach to Business Fluctuations

Medium: Buch
ISBN: 978-88-470-1561-6
Verlag: Springer Milan
Erscheinungstermin: 28.10.2010
Lieferfrist: bis zu 10 Tage

This book contributes substantively to the current state-of-the-art of macroeconomics. It provides a method for building models in which business cycles and economic growth emerge from the interactions of a large number of heterogeneous agents. Drawing from recent advances in agent-based computational modeling, the authors show how insights from dispersed fields like the microeconomics of capital market imperfections, industrial dynamics and the theory of stochastic processes can be fruitfully combined to improve our understanding of macroeconomic dynamics. This book should be a valuable resource for all researchers interested in analyzing macroeconomic issues without recurring to a fictitious representative agent.


Produkteigenschaften


  • Artikelnummer: 9788847015616
  • Medium: Buch
  • ISBN: 978-88-470-1561-6
  • Verlag: Springer Milan
  • Erscheinungstermin: 28.10.2010
  • Sprache(n): Englisch
  • Auflage: Softcover version of original hardcover Auflage 2008
  • Serie: New Economic Windows
  • Produktform: Kartoniert, Previously published in hardcover
  • Gewicht: 207 g
  • Seiten: 114
  • Format (B x H x T): 155 x 235 x 8 mm
  • Ausgabetyp: Kein, Unbekannt
Autoren/Hrsg.

Autoren

Crucial Issues.- Stylized Facts of Industrial Dynamics: The Distribution of Firms’ Size.- Stylized Facts in Industrial Dynamics: Exit, Productivity, Income.- An Agent-based Model.- Where Do We Go from Here?.