Rising to the challenge: Bayesian estimation and forecasting techniques for macroeconomic Agent Based Models

DD Gatti, J Grazzini - Journal of Economic Behavior & Organization, 2020 - Elsevier
We propose two novel methods to “bring Agent Based Models (ABMs) to the data”. First, we
describe a Bayesian procedure to estimate the numerical values of ABM parameters that …

Agent-Based Covid economics (ABC): Assessing non-pharmaceutical interventions and macro-stabilization policies

D Delli Gatti, S Reissl - Industrial and Corporate Change, 2022 - academic.oup.com
We employ a new macroeconomic–epidemiological agent-based model to evaluate the
“lives vs livelihoods” trade-off brought to the fore by coronavirus disease (Covid-19). An …

ABC: an agent based exploration of the macroeconomic effects of Covid-19

D Delli Gatti, S Reissl - 2020 - papers.ssrn.com
We employ a new macro-epidemiological agent based model to evaluate the “lives vs
livelihoods” trade-off brought to the fore by Covid-19. The disease spreads across the …

Toward a new microfounded macroeconomics in the wake of the crisis

E Caverzasi, A Russo - Industrial and Corporate Change, 2018 - academic.oup.com
Abstract The Great Recession that followed the financial crisis of 2007 is not only the largest
economic crisis after the Great Depression of the 1930s, it also signals a crisis of economics …

[PDF][PDF] Dynamic simulation of taxes and welfare benefits by database imputation

J van de Ven, P Bronka, M Richiardi - Centre for Microsimulation …, 2022 - iser.essex.ac.uk
This paper proposes a new method for imputing taxes and benefits in dynamic
microsimulation and agent-based models, which draws upon existing third-party tax-benefit …

Breaking bad: supply chain disruptions in a streamlined agent-based model

D Delli Gatti, E Grugni - The European Journal of Finance, 2022 - Taylor & Francis
We explore the macro-financial consequences of the disruption of a supply chain in an
agent-based framework characterized by two networks, a credit network connecting banks …

Fiscal transfers and common debt in a Monetary Union: a multi-country agent–based stock flow consistent model

A Caiani, E Catullo - Industrial and Corporate Change, 2024 - academic.oup.com
Using a refined version of our multi-country AB-SFC model of a Monetary Union the paper
aims at providing a tentative assessment of the economic effects of transforming the …

Are fiscal multipliers state dependent? Insights from an agent-based model

M Amendola, MC Pereira - Insights from an Agent-Based Model …, 2023 - papers.ssrn.com
The paper analyses the short and medium-term macroeconomic effects of increases in
public consumption and reductions in income tax rate in different economic conditions …

Applications of abm in international legal research: The case of compliance

K Luckner, V Fikfak - 2022 - papers.ssrn.com
Agent-based modeling has been largely overlooked in international legal research, even
though it could be used to gain insights into the highly complex processes of state behavior …

Fiscal multipliers, expectations and learning in a macroeconomic agent‐based model

S Reissl - Economic Inquiry, 2022 - Wiley Online Library
This paper evaluates the government expenditure multiplier and the influence of agents'
expectations and consumption choices thereupon in a pre‐existing estimated …