Several studies highlight that the method and the object of analysis of Agent‐Based models
are in various respects in stark contrast to the prevailing neoclassical paradigm and …

The dominant approach to macroeconomics has always claimed its capacity to incorporate
new ideas, continuously adapting its models in order to address contemporaneous …

The paper presents a stock-flow-consistent hybrid macro-agent-based model estimated on
Japanese data to study the interdependency among the dual labor market, output, and wage …

This study constructs an agent-based model suitable for analyzing the propagation of
economic shocks based on a macroeconomic agent-based model structure that covers …

Urban housing markets, along with markets of other assets, universally exhibit periods of
strong price increases followed by sharp corrections. The mechanisms generating such non …

Agent-based models (ABMs) are increasingly important in social science research. They
have two obvious apparent virtues: they can model complex macrosociological phenomena …

At its core this book sets out the analytical and methodological foundations of Minsky's
financial instability hypothesis (FIH). Grounded on the joint work of Piero Ferri and Hyman …

Every week, the media report stories of environmental destruction. Most of this destruction
has been caused either directly or indirectly by economic activity. While the media attention …

Despite receiving increased interest after the global financial crisis of 2007–2008 and
consolidating itself as an established research program, Post-Keynesian economics …

This article argues that agent-based modeling (ABM) is the methodological implication of
Lawson's championed ontological turn in economics. We single out three major properties of …