Macroeconomics from the Bottom-up

The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic...

Full description

Bibliographic Details
Main Authors: Delli Gatti, Domenico, Desiderio, Saul (Author), Gaffeo, Edoardo (Author), Cirillo, Pasquale (Author)
Format: eBook
Language:English
Published: Milano Springer Milan 2011, 2011
Edition:1st ed. 2011
Series:New Economic Windows
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary:The recent economic events driven by the big financial crisis of 2007-08 has cogently put to the fore the limits and drawbacks of the ruling research paradigm in macroeconomics. This volume goes to the root of the problem by offering a workable alternative to the renowned issue of the microeconomic foundations of macroeconomic theory. Bringing together techniques from agent-based computational economics and statistical validation, the authors set the stage for a paradigmatic shift, elaborate on it with practical examples and provide an agenda for future research.   
Physical Description:XII, 124 p online resource
ISBN:9788847019713