Agent-Based Models and Economic Policy - Jean-Luc Gaffard, Mauro Napoletano

Agent-Based Models and Economic Policy - Jean-Luc Gaffard, Mauro Napoletano

Many of the factors responsible for the financial crisis (financial innovation and securitization; heterogeneity of agents, markets and regulatory frameworks) are, by and large, overlooked by standard macroeconomic models which have failed to forecast the advent of the crisis and are unable to restore economic growth. Agent-based and computational models depart from the representative agent paradigm, thereby introducing heterogeneity of agents’ characteristics and behavior, and allowing for markets that do not clear. These models are better equipped to analyze the salient features of out-of-equilibrium paths and provide novel insights on required economic policy during crises. This volume gathers contributions of leading scholars working on agent-based and computational models. It demonstrates how these models have reached the point where they can guide macro- and micro-economic policy. źródło opisu: http://www.leseditionsdunet.com/economie/609-n124-...(?) źródło okładki: http://www.leseditionsdunet.com/economie/609-n124-...»

ISBN 9782312003160
data wydania 14 listopada 2012
kategoria biznes, finanse
liczba stron 448
tytuł oryginału Agent-Based Models and Economic Policy
język angielski
Aby oceniać i komentować zarejestruj się!
Rejestracja jest za darmo i jest bardzo szybka! Kliknij tutaj aby założyć konto. Trwa to tylko 15 sekund!.

Podobne wpisy do Agent-Based Models and Economic Policy - Jean-Luc Gaffard, Mauro Napoletano

Technical Examination of Documents within the Scope of Polish Evidence Law - Rafał Cieśla

Dr. Rafał Cieśla works at the Department of Forensic Science, Faculty of Law, Administration and Economics, University of Wrocław. His academic interests focus on the issue of examination of documents. In this study the author presents the issues of...

Japanese Dolls, The Fascinating World of Ningyō - Alan Scott Pate

For the art enthusiast, the doll collector, as well as the casual reader, the world of Japanese dolls is a fascinating one. For centuries, Japanese doll artisans created spectacular works of art, invested with both significant cultural meaning and el...

Essential Forensic Biology - Alan Gunn

This book is an introduction to the application of biology in legal investigations. Fully revised and updated throughout, the second edition of this highly successful textbook offers an accessible overview to the essentials of the subject providing a...

Columbine: A True Crime Story - Jeff Kass

The result of 15 years of research and exclusive information, this is the first book of investigative journalism to tell the complete story of Littleton, Colorado’s 1999 mass shooting, its far-reaching consequences, and common characteristics among p...

The Gothic Tradition - David Stevens

Critical introductions to a range of literary topics and genres. The gothic influence on modern writers such as Angela Carter, Iain Banks and Stephen King is vivid and great as is the effect on the world of film and rock music. Part of the function o...

Text Atlas of Lymphoms - J. Armitage

This illustrated text provides a unique synthesis of the new international lymphoma classification. Each significant lymphoma is fully discussed, definition, frequency, classification, pathology, clinical characteristics, treatment including new ther...

Logowanie
Rejestracja