Some Reflections on Financial Instability in Macro Agents-Based Models. Genealogy and Objectives

Muriel Dal Pont Legrand

No 2021-14, GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France

Abstract: This paper analyses how the macro agent-based literature which developed intensively during the last decades, analyses the issue of financial instability. This paper focuses its attention on two specific researchers’ communities which, within this new paradigm, specifically emphasize this question. We examine their common analytical foundations, how they have been influenced by anterior research programs, and we distinguish their modeling strategies and how these distinct strategies led them to follow somewhat different objectives.

Keywords: Macro agent-based models; financial instability; microeconomic foundations; CATS; K&S; Minsky; Leijonhufvud; Stiglitz (search for similar items in EconPapers)
JEL-codes: B22 B31 B41 E32 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2021-03
New Economics Papers: this item is included in nep-cmp, nep-cwa, nep-hme and nep-mac
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Citations: View citations in EconPapers (1)

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Related works:
Chapter: Some Reflections on Financial Instability in Macro Agent-Based Models: Genealogy and Objectives (2022)
Working Paper: Some Reflections on Financial Instability in Macro Agents-Based Models. Genealogy and objectives (2022)
Working Paper: Some Reflections on Financial Instability in Macro Agents-Based Models. Genealogy and objectives (2021)
Working Paper: Some Reflections on Financial Instability in Macro Agents-Based Models. Genealogy and objectives 1 (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:gre:wpaper:2021-14

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