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IRIS è l'Anagrafe della ricerca dell'Università degli Studi di Trento, e ha lo scopo di raccogliere, documentare, diffondere e conservare le informazioni relative alla produzione scientifica degli autori afferenti all'Università degli Studi di Trento.
EnglishWe present an agent-based computational model in which bounded rational firms and workers trade on fully decentralized markets for final goods and labor by means of random matching protocols. The model replicates several macroeconomic phenomena regularly observed in the data, with aggregate features emerging from the localized interactions of individual entities. The model is then used as a computational laboratory to run an experiment on the role of fiscal policy in increasing macroeconomic performance.
| Titolo: | Industrial Dynamics, Fiscal Policy and R&D: Evidence from a Computational Experiment |
| Autori Unitn: | |
| Anno di pubblicazione: | 2007 |
| Titolo del periodico: | |
| Abstract: | We present an agent-based computational model in which bounded rational firms and workers trade on fully decentralized markets for final goods and labor by means of random matching protocols. The model replicates several macroeconomic phenomena regularly observed in the data, with aggregate features emerging from the localized interactions of individual entities. The model is then used as a computational laboratory to run an experiment on the role of fiscal policy in increasing macroeconomic performance. |
| Handle: | http://hdl.handle.net/11572/28620 |
| Appare nelle tipologie: | 03.1 Articolo su rivista (Journal article) |
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