In this paper, I elaborate on the role of agent-based (AB) modeling for macroeconomic
research. My main tenet is that the full potential of the AB approach has not been realized …

In contrast to mainstream economics, complexity theory conceives the economy as a
complex system of heterogeneous interacting agents characterised by limited information …

This work deals with corporate dynamics as they emerge from mutual interaction between
firms competing on the market. As it is commonly observed, corporate dynamics may …

A stylized fact of the labour market in developing countries is that it is highly segmented in
informality. One of the main factors that induce workers and firms into informality is an …

Economists recognize competition as fundamental to economic science. General
equilibrium is not competition; Austrians, like other economists, have sometimes confused …

The importance of referral hiring, which is workers finding employment via social contacts, is
nowadays an empirically well documented fact. It also has been shown that social networks …

This paper presents an agent-based model of the labor market. It simulates the market in the
recent period at the aggregate level and at the level of the principal categories of labor, on …

We develop an agent-based model of labor market regulation to study the consequences of
employment protection legislations for labor market performance. Unlike most of the existing …

By combining features from distinct theoretical approaches, namely the evolutionary and the
job search, matching and bargaining literatures, we propose a model that captures the main …

Most of us would like to have a job that would support both physical well-being through
providing enough income and psychological well-being reflected in high satisfaction with …