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EL ENFOQUE MONETARIO A LA SCHUMPETER: UNA APLICACIÓN A LA MODELACIÓN MULTI-AGENTES.
- Source :
-
Revista de Economía Institucional . ene-jun2020, Vol. 22 Issue 42, p153-186. 34p. - Publication Year :
- 2020
-
Abstract
- This paper is a discussion of the creation of agent-based models from the exclusive perspective of monetary phenomena. These correspond to Schumpeter's monetary analysis in its ideal version. A set of general principles formalizes a population of agents interacting in a decentralized way on the sole basis of monetary phenomena. We make use of these principles, and the subsequent agent-based model is a dynamic, non-deterministic system, whose numerical simulations are able to mimic stylized facts in macroeconomics. Further extensions of the model make possible the expansion its descriptive power, and its use in economic research. [ABSTRACT FROM AUTHOR]
Details
- Language :
- Spanish
- ISSN :
- 01245996
- Volume :
- 22
- Issue :
- 42
- Database :
- Academic Search Index
- Journal :
- Revista de Economía Institucional
- Publication Type :
- Academic Journal
- Accession number :
- 140201019
- Full Text :
- https://doi.org/10.18601/01245996.v22n42.07