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Persistent link: https://www.econbiz.de/10010401296

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Social networks, social interaction and macroeconomic dynamics : how much could Ernst Ising help DSGE?

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Interactions in the New Keynesian DSGE models : the Boltzmann–Gibbs machine and social networks approach

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The BoltzmannGibbs distribution is currently widely used in economic modeling. One of the applications is integrated with the DSGE (Dynamic Stochastic General Equilibrium) model. However, a question that arises concerns whether the BoltzmannGibbs distribution can be directly applied, without...