EconPapers    
Economics at your fingertips  
 

THE AGENT†BASED APPROACH TO POST KEYNESIAN MACRO†MODELING

Corrado Di Guilmi ()

Journal of Economic Surveys, 2017, vol. 31, issue 5, 1183-1203

Abstract: The paper presents a survey of Post Keynesian (PK) agent†based (AB) models and AB models with PK features. It is argued that AB modeling is fully consistent with the PK approach and that the cross†fertilization can benefit both areas of research. The survey focuses on how the various models have faced the issues implied by adopting a bottom–up approach in a traditionally aggregative structure and highlights the additional insights coming from this modeling strategy. Particular attention is devoted to stock†flow consistent AB models for theivvr potential in defining a new benchmark for this type of research.

Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/joes.12244

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jecsur:v:31:y:2017:i:5:p:1183-1203

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0950-0804

Access Statistics for this article

More articles in Journal of Economic Surveys from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2019-04-20
Handle: RePEc:bla:jecsur:v:31:y:2017:i:5:p:1183-1203