Macroeconomics from the Bottom-up [electronic resource] / by Domenico Delli Gatti, Saul Desiderio, Edoardo Gaffeo, Pasquale Cirillo, Mauro Gallegati.
By: Delli Gatti, Domenico [author.].
Contributor(s): Desiderio, Saul [author.] | Gaffeo, Edoardo [author.] | Cirillo, Pasquale [author.] | Gallegati, Mauro [author.] | SpringerLink (Online service).
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BookSeries: New Economic Windows: 1Publisher: Milano : Springer Milan : Imprint: Springer, 2011Description: XII, 124 p. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9788847019713.Subject(s): Economics | Economics -- Statistics | Endogenous growth (Economics) | Industrial organization (Economic theory) | Macroeconomics | Microeconomics | Economics/Management Science | Macroeconomics/Monetary Economics | Economic Growth | Statistics for Business/Economics/Mathematical Finance/Insurance | Industrial Organization | MicroeconomicsDDC classification: 339 Online resources: Click here to access online
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Springer eBooksSummary: The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic foundations of macroeconomic theory. Bringing together techniques from agent-based computational economics and statistical validation, the authors set the stage for a paradigmatic shift, elaborate on it with practical examples and provide an agenda for future research.
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The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic foundations of macroeconomic theory. Bringing together techniques from agent-based computational economics and statistical validation, the authors set the stage for a paradigmatic shift, elaborate on it with practical examples and provide an agenda for future research.
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