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Agent-based dynamics in disaggregated growth models

Author

Listed:
  • Antoine Mandel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Carlo Jaeger

    (PIK - Potsdam Institute for Climate Impact Research)

  • Steffen Fürst

    (PIK - Potsdam Institute for Climate Impact Research)

  • Wiebke Lass

    (PIK - Potsdam Institute for Climate Impact Research)

  • Daniel Lincke

    (PIK - Potsdam Institute for Climate Impact Research)

  • Frank Meissner

    (PIK - Potsdam Institute for Climate Impact Research)

  • Federico Pablo-Marti

    (UAH - Universidad de Alcalá - University of Alcalá)

  • Sarah Wolf

    (PIK - Potsdam Institute for Climate Impact Research)

Abstract

This paper presents an agent-based model of disaggregated economic systems with endogenous growth features named Lagon GeneriC. This model is thought to represent a proof of concept that dynamically complete and highly disaggregated agent-based models allow to model economies as complex dynamical systems. It is used here for "theory generation", investigating the extension to a framework with capital accumulation of Gintis results on the dynamics of general equilibrium.

Suggested Citation

  • Antoine Mandel & Carlo Jaeger & Steffen Fürst & Wiebke Lass & Daniel Lincke & Frank Meissner & Federico Pablo-Marti & Sarah Wolf, 2010. "Agent-based dynamics in disaggregated growth models," Post-Print halshs-00542442, HAL.
    • Handle: RePEc:hal:journl:halshs-00542442
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00542442
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Agent-based models; economic growth.; Modèles multi-agents; croissance économique.;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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