Modeling GDP fluctuations with agent-based model
Sign Up to like & getrecommendations! Published in 2018 at "Physica A: Statistical Mechanics and its Applications"
DOI: 10.1016/j.physa.2018.02.019
Abstract: This paper offers a new approach to calibrating parameters of an agent-based model proposed by Ormerod (2002) and conducts a comparative analysis of the US and Chinese business cycles for the period 1993–2014 using annual… read more here.
Keywords: analytical solutions; model; agent based; modeling gdp ... See more keywords
Economic modeling of the GDP gap in Ukraine and worldwide
Sign Up to like & getrecommendations! Published in 2019 at "Problems and Perspectives in Management"
DOI: 10.21511/ppm.17(2).2019.38
Abstract: ActualityThe concept of output gap plays an important role in traditional macroeconomic theory, applied research and monetary policy. GoalThe paper reveals analyses of the potential economic development in Ukraine and in some countries of the… read more here.
Keywords: modeling gdp; gap; gap ukraine; gdp ... See more keywords