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A simple quantity adjustment model of economic fluctuations and growth

Aoki, Masahiko; Yoshikawa, Hiroshi - In: Heterogenous agents, interactions and economic performance, (pp. 293-305). 2003

Persistent link: https://www.econbiz.de/10001750270

A new model of labor dynamics : ultrametrics, Okun's law, and transient dynamics

Aoki, Masanao; Yoshikawa, Hiroshi - In: Nonlinear dynamics and heterogeneous interacting agents …, (pp. 203-219). 2005

Persistent link: https://www.econbiz.de/10002774899

On the plausibility of sunspot equilibria : simulations based on agent-based artificial stock markets

Chen, Shu-Heng; Liao, Chung-Chih; Chou, Pei-Jung - In: Journal of economic interaction and coordination : JEIC 3 (2008) 1, pp. 25-41

Persistent link: https://www.econbiz.de/10003715662

The debunking the granular origins of aggregate fluctuations : from real business cycles back to Keynes

Dosi, Giovanni; Napoletano, Mauro; Roventini, Andrea; … - 2018

Persistent link: https://www.econbiz.de/10012052074

Debunking the granular origins of aggregate fluctuations : from real business cycles back to Keynes

Dosi, Giovanni; Napoletano, Mauro; Roventini, Andrea; … - 2018

In this work we study the granular origins of business cycles and their possible underlying drivers. As shown by Gabaix (2011), the skewed nature of firm size distributions implies that idiosyncratic (and independent) firm-level shocks may account for a significant portion of aggregate...

Persistent link: https://www.econbiz.de/10011873811