Macroeconomics from the Bottom-up
By: by Domenico Delli Gatti, Saul Desiderio, Edoardo Gaffeo, Pasquale Cirillo, Mauro Gallegati
Contributors: Desiderio, Saul; Gaffeo, Edoardo; Cirillo, Pasquale; Gallegati, Mauro; SpringerLink (Online service)
Series: New Economic Windows -- 1
Publisher: Springer Milan
Published: 2011
Place of publication: Milano
Language: eng
Format: [electronic resource] /
Number of pages: 136
ISBN-13: 9788847019706; 9788847019713
Subjects: Macroeconomics; Statistics; Microeconomics; Endogenous growth (Economics); Economics; Industrial organization (Economic theory)
Description: "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."--Publisher's website.