Interactive Macroeconomics: Stochastic Aggregate Dynamics with Heterogeneous and Interacting Agents

ISBN-13: 9781107198944 / Angielski / Twarda / 2017 / 302 str.

Corrado Di Guilmi; Mauro Gallegati; Simone Landini

Opis

This book describes the analysis of macroeconomic agent based models using the tools of statistical mechanics.

Spis treści

Preface; List of tables; List of figures, 1. Introduction; Part I. Methodological Notes and Tools: 2. The state space notion; 3. The master equation; Part II. Applications to HIA Based Models: 4. Financial fragility and macroeconomic dynamics I: heterogeneity and interaction; 5. Financial fragility and macroeconomic Dynamics II: learning; Part III. Conclusions: 6. Conclusive remarks; Part IV. Appendices and Complements: Appendix A: Complements to Chapter 3; Appendix B: Solving the ME to solve the ABM; Appendix C: Specifying transition rates; Index.