Economic convergence: policy implications from a heterogeneous agent model

DOI10.1016/J.JEDC.2014.04.004zbMath1402.91525OpenAlexW2093453241MaRDI QIDQ1994573

P. Harting, Herbert Dawid, Michael Neugart

Publication date: 1 November 2018

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2014.04.004

zbMATH Keywords

technology adoptioneconomic convergenceagent-based modelregional economicscohesion policiesskill complementarity

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Credit risk (91G40) Heterogeneous agent models (91B69)

Related Items (9)

Fiscal and monetary policies in complex evolving economies ⋮ Forecasting in a complex environment: machine learning sales expectations in a stock flow consistent agent-based simulation model ⋮ When more flexibility yields more fragility: the microfoundations of Keynesian aggregate unemployment ⋮ Agent based-stock flow consistent macroeconomics: towards a benchmark model ⋮ Optimal monetary policy in a New Keynesian model with animal spirits and financial markets ⋮ Agent-based model calibration using machine learning surrogates ⋮ From general equilibrium to Schumpeter ⋮ Should I stay or should I go? An agent-based setup for a trading and monetary union ⋮ Endogenous growth and global divergence in a multi-country agent-based model

Cites Work

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• Handbook of computational economics. Vol. 2: Agent-based computational economics
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• Productivity Differences
• A Note on Penalized Spline Smoothing With Correlated Errors
• Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality
• Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
• Fast Stable Restricted Maximum Likelihood and Marginal Likelihood Estimation of Semiparametric Generalized Linear Models

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