Macroeconomics from the bottom-up
"The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic foundations of macroeconomic theory. Bringing together techniques from agent-based computational economics and statistical validation, the authors set the stage for a paradigmatic shift, elaborate o…
Read More ↓Title Statements
- Full title :Macroeconomics from the bottom-up / Domenico Delli Gatti [and others].
Summary
"The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic foundations of macroeconomic theory. Bringing together techniques from agent-based computational economics and statistical validation, the authors set the stage for a paradigmatic shift, elaborate on it with practical examples and provide an agenda for future research."--Publisher's website
Read More ↓Edition Statements
- Publication Date:©2011.
Publication Statements
- Publisher(s):Springer
- Place of Publication:Milan
- Language:eng
- Publication Date:©2011.
The Physical Object
- Description:1 online resource (xii, 122 pages)
Edition Identifiers
- ISBN:9788847019713, 8847019710
- DOI:10.1007/978-88-470-1971-3.
- oclc:ocn769759106
- LC Classification:HB172.5
- Dewey Decimal:339
Table of Contents
Introducing bottom-up adaptive macroeconomics -- The making of the BAM Model -- The BAM Model at Work -- Empirical validation.
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