Energy price shocks and stabilization policies in the MATRIX model
The recent surge in energy prices in Europe has prompted governments to introduce policy
measures to support households and businesses. This paper uses the MATRIX model, a …
measures to support households and businesses. This paper uses the MATRIX model, a …
Dynamic simulation for reclaimed water reuse under multi-intervention policies in China
W Wang, F Wu - Heliyon, 2024 - cell.com
Unconventional water constitutes the fundamental approach to addressing global water
scarcity and achieving the sustainable circulation of water resources. Due to the significant …
scarcity and achieving the sustainable circulation of water resources. Due to the significant …
What Is the European Central Bank Supposed to Do?
CA Hartwell - Accounting, Economics, and Law: A Convivium, 2023 - degruyter.com
Abstract In July 2021, the European Central Bank (ECB) published a new monetary policy
strategy, the first time in 17 years that it had undertaken a review of its monetary policy. In the …
strategy, the first time in 17 years that it had undertaken a review of its monetary policy. In the …
[HTML][HTML] Concentration, stagnation and inequality: An agent-based approach
R Terranova, EM Turco - Journal of Economic Behavior & Organization, 2022 - Elsevier
This paper presents a macroeconomic agent based model with endogenous innovation-
driven growth and knowledge accumulation which aims to analyze the underlying causes of …
driven growth and knowledge accumulation which aims to analyze the underlying causes of …
Does too much liquidity generate instability?
Corporate demand for cash is related to a number of firm-specific characteristics, like the
presence of transaction costs, information asymmetry in credit markets, uncertainty and risk …
presence of transaction costs, information asymmetry in credit markets, uncertainty and risk …
A basic New Keynesian DSGE model with dispersed information: An agent-based approach
A Gobbi, J Grazzini - Journal of Economic Behavior & Organization, 2019 - Elsevier
The aim of this paper is to bridge macro agent-based models with mainstream
macroeconomic models by agentifying the baseline New Keynesian DSGE model. The …
macroeconomic models by agentifying the baseline New Keynesian DSGE model. The …
Agent-based macroeconomics and classical political economy: some Italian roots
G Dosi, A Roventini - Italian Economic Journal, 2017 - Springer
In this work, we discuss how the rich academic milieu left by different Italian political
economy traditions after WWII paved the way for the development of a new generation of …
economy traditions after WWII paved the way for the development of a new generation of …
Monetary policy rules and the inequality-augmented Phillips curve
L Rolim, L Carvalho, D Lang - Economic Modelling, 2024 - Elsevier
Much has been written on the relationship between inflation and unemployment; however,
the issue of inequality and the fact that monetary policy has an impact on inequality when …
the issue of inequality and the fact that monetary policy has an impact on inequality when …
Forecasting in a complex environment: Machine learning sales expectations in a Stock Flow Consistent Agent-Based simulation model
E Catullo, M Gallegati, A Russo - Journal of Economic Dynamics and …, 2022 - Elsevier
The aim of this paper is to investigate how different degrees of sophistication in agents'
behavioral rules may affect individual and macroeconomic performances. In particular, we …
behavioral rules may affect individual and macroeconomic performances. In particular, we …
Animal spirits, bankruptcies, and monetary policy effectiveness in a hybrid macroeconomic agent-based financial accelerator model
D Bazzana - Journal of Evolutionary Economics, 2024 - Springer
This paper develops a hybrid model with an agent-based financial accelerator framework
embedded in a standard new Keynesian economy. It explores the interactions between the …
embedded in a standard new Keynesian economy. It explores the interactions between the …