Stabilizing an unstable complex economy on the limitations of simple rules

DOI10.1016/j.jedc.2018.02.014zbMath1401.91431OpenAlexW2664623770MaRDI QIDQ1657378

Pascal Seppecher, Isabelle Salle

Publication date: 13 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://cepn.univ-paris13.fr/wp-content/uploads/2017/05/DT-CEPN-2017-07.pdf

zbMATH Keywords

agent-based modelingcredit cyclesleaning-against-the-windmonetary and macroprudential policies

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (2)

Winter is possibly not coming: mitigating financial instability in an agent-based model with interbank market ⋮ Quantifying the concerns of Dimon and Buffett with data and computation

Uses Software

• Jamel

Cites Work

• Macroeconomics from the bottom-up
• The financial instability hypothesis: a stochastic microfoundation framework
• Schumpeter meeting Keynes: a policy-friendly model of endogenous growth and business cycles
• Leaning against boom-bust cycles in credit and housing prices
• Income distribution, credit and fiscal policies in an agent-based Keynesian model
• Emergent dynamics of a macroeconomic agent based model with capital and credit
• Fiscal and monetary policies in complex evolving economies
• Agent based-stock flow consistent macroeconomics: towards a benchmark model
• Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach*

This page was built for publication: Stabilizing an unstable complex economy on the limitations of simple rules