A Statistical Mechanic View of Macro-dynamics in Economics
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Bibliographic Info
Article provided by Society for Computational Economics in its journal Computational Economics.
Volume (Year): 32 (2008)
Issue (Month): 1 (September)
Pages: 121-146
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Web page: http://www.springerlink.com/link.asp?id=100248
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Related research
Keywords: Heterogeneity; Interaction; Agent-based-models; Statistical mechanics; Master equation; Kramers–Moyal expansion; Fokker–Planck equation; Mean field theory; C02; E20;Find related papers by JEL classification:
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
- E20 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alan P. Kirman, 1992. "Whom or What Does the Representative Individual Represent?," Journal of Economic Perspectives, American Economic Association, vol. 6(2), pages 117-136, Spring.
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"Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function,"
NBER Technical Working Papers
0282, National Bureau of Economic Research, Inc.
- Schmitt-Grohe, Stephanie & Uribe, Martin, 2004. "Solving dynamic general equilibrium models using a second-order approximation to the policy function," Journal of Economic Dynamics and Control, Elsevier, vol. 28(4), pages 755-775, January.
- Schmitt-Grohé, Stephanie & Uribe, Martín, 2001. "Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function," CEPR Discussion Papers 2963, C.E.P.R. Discussion Papers.
- Stephanie Schmitt-Grohe & Martin Uribe, 2001. "Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function," Departmental Working Papers 200106, Rutgers University, Department of Economics.
- E. Scalas & U. Garibaldi & S. Donadio, 2007.
"Statistical equilibrium in simple exchange games I,"
The European Physical Journal B - Condensed Matter and Complex Systems,
Springer, vol. 60(2), pages 271-272, November.
- E. Scalas & U. Garibaldi & S. Donadio, 2006. "Statistical equilibrium in simple exchange games I," The European Physical Journal B - Condensed Matter and Complex Systems, Springer, vol. 53(2), pages 267-272, 09.
- M. Gallegati & A. Palestrini & D. Gatti & E. Scalas, 2006. "Aggregation of Heterogeneous Interacting Agents: The Variant Representative Agent Framework," Journal of Economic Interaction and Coordination, Springer, vol. 1(1), pages 5-19, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Chiarella, Carl & Di Guilmi, Corrado, 2011.
"The financial instability hypothesis: A stochastic microfoundation framework,"
Journal of Economic Dynamics and Control,
Elsevier, vol. 35(8), pages 1151-1171, August.
- Carl Chiarella & Corrado Di Guilmi, 2010. "The Financial Instability Hypothesis:a Stochastic Microfoundation Framework," Research Paper Series 273, Quantitative Finance Research Centre, University of Technology, Sydney.
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