An artificial Wicksell-Keynes macroeconomy : integrating business cycle and cumulative process / Ichiro Takahashi.
This book presents an agent-based macroeconomic model developed on the Keynesian principle of effective demand and the Wicksellian theory of cumulative process. The main purpose of the book is to demystify inherent forces that revive an economy from a long-run downturn. The model has three types of...
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