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recessions. -- Microfoundations ; macroeconomics ; aggregation, power laws … microfoundations" approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … "mechanical" nature. So rather than taking an "explicit microfoundations" approach, in which individuals are represented as "white …
Persistent link: https://www.econbiz.de/10003833662
microfoundations' approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … 'mechanical' nature. So rather than taking an 'explicit microfoundations' approach, in which individuals are represented as 'white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10013132114
microfoundations' approach assumes this property of micro-level interactions more strongly conditions macro-level outcomes compared to …‘mechanical' nature. So rather than taking an ‘explicit microfoundations' approach, in which individuals are represented as ‘white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10013132214
microfoundations' approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared … 'mechanical' nature. So rather than taking an 'explicit microfoundations' approach, in which individuals are represented as 'white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10010298637
microfoundations' approach assumes this property of micro-level interactions more strongly conditions macro-level outcomes compared to … 'mechanical' nature. So rather than taking an 'explicit microfoundations' approach, in which individuals are represented as 'white … examine a parsimonious, agent-based macroeconomic model with implicit microfoundations. It generates many of the reported …
Persistent link: https://www.econbiz.de/10010298577
We show how time-dependent macroeconomic response follows from microeconomic dynamics using linear response theory and … a time-correlation formalism. This theory provides a straightforward approach to time-dependent macroeconomic model …. -- Macroeconomic adjustment process ; microeconomic dynamics ; aggregation ; anelastic relaxation ; Okun's law ; time …
Persistent link: https://www.econbiz.de/10003833658
We show how time-dependent macroeconomic response follows from microeconomic dynamics using linear response theory and … a time-correlation formalism. This theory provides a straightforward approach to time-dependent macroeconomic model …. -- Macroeconomic adjustment process ; microeconomic dynamics ; aggregation ; anelastic relaxation ; Okun's law ; time …
Persistent link: https://www.econbiz.de/10003782359
Persistent link: https://www.econbiz.de/10011890648
; microfoundations of macroeconomics …
Persistent link: https://www.econbiz.de/10008902420
Persistent link: https://www.econbiz.de/10011283230