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 …

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 …

Agent‐based computational economics (ACE) has been used for tackling major research
questions in macroeconomics for at least two decades. This growing field positions itself as …

This work studies the relations between income distribution and monetary/fiscal policies
using an credit-augmented version of the agent-based Keynesian model in Dosi et …

What is the most appropriate combination of fiscal and monetary policies in economies
subject to banking crises and deep recessions? We study this issue using an agent-based …

Abstract The Great Recession seems to be a natural experiment for macroeconomics
showing the inadequacy of the predominant theoretical framework—the New Neoclassical …

In this paper we present a macroeconomic microfounded framework with heterogeneous
agents—individuals, firms, banks—which interact through a decentralized matching process …

This paper develops a baseline agent-based macroeconomic model and contrasts it with the
common dynamic stochastic general equilibrium approach. Although simple, the model can …

Given the complex nature of cyber-physical-social systems (CPSSs), understanding their
mechanism is essential for analyzing and controlling their actions while minimizing potential …

This book arose from our conviction that the NNS-DSGE approach to the analysis of
aggregate market outcomes is fundamentally flawed. The practice of overcoming the SMD …