Income Distribution, Credit and Fiscal Policies in an Agent-Based Keynesian Model

By Giovanni Dosi, Giorgio Fagiolo, Mauro Napoletano, Andrea Roventini. 2013

416 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/51c4fad9a59d26efb35c57f138fb05e7f2610002

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Citations in the corpus

More is different ... and complex! the case for agent-based macroeconomics (2019, background): “See also Dosi et al. (2013, 2015a, 2016b) for extensions studying the the possible interactions between credit markets and real dynamics and the impact of different combinations of fiscal and monetary policies.”
Micro and macro policies in the Keynes+Schumpeter evolutionary models (2016, neutral): “More generally, in the K+S models (Napoletano et al 2012; Dosi et al 2013, 2015), we observe a U-shaped relation between short-run macroeconomic performance and income inequality.”
From financial instability to green finance: the role of banking and credit market regulation in the Eurace model (2019, methodology): “In particular, Gerst 2 A non-exhaustive list could include the K+S model, see Dosi et al. (2010, 2013, 2015), the set of models developed by the Ancona research group (Caiani et al. (2015); Riccetti et al. (2015); Russo et al. (2016)), the CC-MABM (Assenza et al. (2015)), the Mark I CRISIS model…”
The effects of Labour Market Reforms upon Unemployment and Income Inequalities: an agent based model (2018, neutral): “For technical details on the methodology, see Dosi et al. (2016c). (17)Briefly, the Elementary Effects technique proposes both a specific design of experiments, to efficiently sample the parameter space under a one-factor-at-a-time, and some linear regression statistics, to evaluate direct and indir”
Faraway, So Close: Coupled Climate and Economic Dynamics in an Agent-based Integrated Assessment Model (2018, methodology): “It builds on Dosi et al. (2010, 2013, 2016) and extends the Keynes+Schumpeter (K+S) family of models, which account for endogenous growth, business cycles and crises.”
Increasing inequality, consumer credit and financial fragility in an agent based macroeconomic model (2016, background): “where r t−1 is the (past period) mean interest rate on consumer credit, and 0 ≤ μ ≤ 1 is a parameter.(7) The presence of the term (1 − r t−1) in Equation 9 is a simple way to introduce a negative relation between the demand for consumer credit and its price, that is the interest rate.”
Macroeconomic Policy in DSGE and Agent-Based Models (2012, neutral): “For further details see, among others, Dosi and Egidi (1991), Dosi et al. (2005), Lane (1993), Tesfatsion and Judd (2006), Colander (2006a) and Tesfatsion (2006b).”
The public costs of climate-induced financial instability (2019, background): “At the opposite side, large credit supply allows rms to over-nance unsuccessful investments [Dosi et al., 2013], eventually leading to losses and bankruptcies.”
Estimation of ergodic agent-based models by simulated minimum distance (2015, background): “Delli Gatti et al. (2005, 2011); Dosi et al. (2010, 2013) –see the reviews in Dawid et al. (2014) and Neugart and Richiardi (2014).”
When more Flexibility Yields more Fragility: the Microfoundations of Keynesian Aggregate Unemployment (2017, methodology): “…respect, we believe, one obtains insightful results on the role of the interaction between endogenous demand formation and fiscal policies in Dosi et al., 2015b; the impact of finance and income inequality in Dosi et al., 2013.1 Here we want to focus on the role of wages and labour market rules.”
Economic Recession, Job Vulnerability, and Tourism Decision Making: A Qualitative Comparative Analysis (2017, neutral): “The rise in unemployment results in income reduction (Dosi, Fagiolo, Napoletano, and Roventini, 2013), which directly affects the disposable income for tourism and ultimately tourism demand and purchasing intentions (Marcussen, 2011; Li, Song and Witt, 2005) with possibly detrimental effects on…”
Complexity and the Economics of Climate Change: A Survey and a Look Forward (2017, neutral): “in Dosi et al. (2010). In this framework, the authors investigate the efficiency of different institutional architectures for climate policy. They emphasize that a necessary condition for an effective policy is the emergence of a stable constituency in favor of a stringent climate policy which, in t”