[HTML][HTML] Advances in the agent-based modeling of economic and social behavior

M Steinbacher, M Raddant, F Karimi… - SN Business & …, 2021 - Springer
In this review we discuss advances in the agent-based modeling of economic and social
systems. We show the state of the art of the heuristic design of agents and how behavioral …

The impacts of interest rates on banks' loan portfolio risk-taking

LFS Adão, D Silveira, RA Ely, DO Cajueiro - Journal of Economic Dynamics …, 2022 - Elsevier
Using an agent-based model, we investigate how interest rates affects banks' risk-taking in
terms of the profile of their lending to real sector firms. Our agent-based model considers five …

Stabilizing an unstable complex economy on the limitations of simple rules

I Salle, P Seppecher - Journal of Economic Dynamics and Control, 2018 - Elsevier
This paper offers a systematic comparison of a wide range of leaning-against-the-wind
interest-rate policy rules within a macroeconomic, stock-flow consistent, agent-based model …

Heterogeneous expectations, forecasting behaviour and policy experiments in a hybrid agent-based stock-flow-consistent model

S Reissl - Journal of Evolutionary Economics, 2021 - Springer
This paper presents a hybrid agent-based stock-flow-consistent model featuring
heterogeneous banks, purposely built to examine the effects of variations in banks' …

[HTML][HTML] Unconventional monetary policies in an agent-based model with mark-to-market standards

M Guerini, F Lamperti, M Napoletano… - Review of evolutionary …, 2022 - Springer
We employ an agent-based model to shed light on the macroeconomic effects of accounting
principles, unconventional monetary policies, and of their possible interactions. If mark-to …

Macro-and microprudential policies: Sweet and lowdown in a credit network agent-based model

E Catullo, F Giri, M Gallegati - Macroeconomic Dynamics, 2021 - cambridge.org
The paper presents an agent-based model reproducing a stylized credit network that
evolves endogenously through the individual choices of firms and banks. We introduce in …

Monetary policy and prudential regulation in a hybrid ab-sfc model with heterogeneous expectations

S Reissl - 2018 - papers.ssrn.com
This paper explores the joint effects of prudential regulation and monetary policy in a hybrid
agent-based-stock-flow-consistent model featuring an agent-based banking sector. The …

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 …

[PDF][PDF] Connecting the Dots: How Social Networks Shape Macroeconomic Expectations

R Kothe - 2023 - boeckler.de
Social networks play a crucial role in diffusing information, influencing individuals'
behaviour, and affecting the stability of economic expectations. However, the effects of social …

From CATS to CAOS: Fiscal multipliers and agents' expectations in a macroeconomic agent-based model

S Reissl - 2020 - papers.ssrn.com
This paper uses a macroeconomic agent-based model building on Delli Gatti et al.(2011) to
investigate the influence of agents' expectations and consumption choices on government …