Name: TS 4 on Macroeconomic Agent-Based Models
Start: 2016-02-09T09:00:00+01:00
End: 2016-02-09T18:30:00+01:00
Location: Maison des Sciences Économiques

Description

Macroeconomic Agent-Based Models (ABM)

Some key points

"Tipping points" in macroeconomic ABMs and the need for parameter space exploration (Gualdi et al 2014 - JEDC)
The calibration problem (Fabretti 2012 - JEIC)
Calibration through Markov chains (Fabretti Markov Chain)
Calibration through the distribution of returns and the relevance of key parameters (Alfarano et al 2005 - Comput ECS)
Forward Calibration of the Brock and Hommes ABM (Recchioni et al 2015)
Extending the BH model framework to the housing market bubble (Vanderleji slides)
Introduction to A gent Based Computation

The RAMP is brought to you by Amir Sani and Antoine Mandel from the Centre d'Économie de la Sorbonne-CNRS, Paris School of Economics, Université Paris 1 Panthéon-Sorbonne, and your regular coaches.

Funding support is provided by the European Union Horizons 2020 Future and Emerging Technologies Distributed Global Financial Systems for Society (DOLFINS) project.