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This chapter surveys work dedicated to macroeconomic analysis using an agent-
based modeling approach. After a short review of the origins and general characteristics
of this approach a systemic comparison of the structure and modeling assumptions of
a set of important (families of) agent-based macroeconomic models is provided. The
comparison highlights substantial similarities between the di erent models, thereby
identifying what could be considered an emerging common core of macroeconomic
agent-based modeling. In the second part of the chapter agent-based macroeconomic
research in diferent domains of economic policy is reviewed.
In:
This paper has been prepared as a chapter in the Handbook of Computational Economics,
Volume IV, edited by Cars Hommes and Blake LeBaron. 2018.
From:
Herbert Dawid
Bielefeld University
Domenico Delli Gatti
Universita Cattolica del
Sacro Cuore
This chapter surveys work dedicated to macroeconomic analysis using an agent-
based modeling approach. After a short review of the origins and general characteristics
of this approach a systemic comparison of the structure and modeling assumptions of
a set of important (families of) agent-based macroeconomic models is provided. The
comparison highlights substantial similarities between the di erent models, thereby
identifying what could be considered an emerging common core of macroeconomic
agent-based modeling. In the second part of the chapter agent-based macroeconomic
research in diferent domains of economic policy is reviewed.
In:
This paper has been prepared as a chapter in the Handbook of Computational Economics,
Volume IV, edited by Cars Hommes and Blake LeBaron. 2018.
From:
Herbert Dawid
Bielefeld University
Domenico Delli Gatti
Universita Cattolica del
Sacro Cuore