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 …

This chapter develops a dynamic general equilibrium model that is intended to help clarify
the role of credit market frictions in business fluctuations, from both a qualitative and a …

Which policies can increase the resilience of the financial system to climate risks? Recent
evidence on the significant impacts of climate change and natural disasters on firms, banks …

China's green growth has shown a trend of fluctuation year by year. Simultaneously,
Chinese local governments have pursued simple economic growth driven by the interests of …

This paper provides a critique of the DSGE models that have come to dominate
macroeconomics during the past quarter-century. It argues that at the heart of the failure …

The application of digital technology has reshaped all aspects of social life, and the impact
of financial technology on the economy is unprecedented. Consumption is an eternal issue …

At the onset of the Great Recession, as house prices sank and joblessness soared, many
commentators concluded that the economic convictions behind the disaster would now be …

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 …

in remedying the obvious lacuna in their analyses: the former have not shown that
competitive markets with innovation are pareto efficient, and the latter have not been able to …

This work nests the Agent-Based macroeconomic perspective into the earlier history of
macroeconomics. We discuss how the discipline in the 70's took a perverse path relying on …