This chapter surveys work dedicated to macroeconomic analysis using an agent-based
modeling approach. After a short review of the origins and general characteristics of this …

The paper moves from a discussion of the challenges posed by the crisis to standard
macroeconomics and the solutions adopted within the DSGE community. Although several …

Abstract The Great Recession seems to be a natural experiment for economic analysis, in
that it has shown the inadequacy of the predominant theoretical framework-the New …

The stock‐flow consistent (SFC) modelling approach, grounded in the pioneering work of
Wynne Godley and James Tobin in the 1970s, has been adopted by a growing number of …

We investigate appropriate banking and regulatory policies aimed at pushing the banking
sector to shift from speculative lending, the cause of asset bubbles and economic crises, to …

This paper examines the role of technological innovation in banking and its potential effects
on economic cycles. Specifically, it utilizes a case study of a German bank (Bank A) in the …

Wages are an element of cost crucially affecting the competitiveness of individual firms. But
the wage bill is also a crucial element of aggregate demand. Hence it could be that more …

This work analyses the effects of labour market structural reforms by means of the labour-
augmented 'Schumpeter meeting Keynes'(K+ S) Agent-Based model. We introduce a policy …

Several studies highlight that the method and the object of analysis of Agent‐Based models
are in various respects in stark contrast to the prevailing neoclassical paradigm and …

The global energy crisis that began in fall 2021 and the subsequent spike in energy prices
constitute a significant challenge for the world economy that risks undermining the post …