Emergent Macroeconomics: An Agent-Based Approach to Business Fluctuations by Domenico Gatti
English | 14 Apr. 2008 | ISBN: 8847007240 | 119 Pages | PDF | 2 MB
English | 14 Apr. 2008 | ISBN: 8847007240 | 119 Pages | PDF | 2 MB
This valuable 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.