Macroeconomics from the Bottom-up

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.

subjects: Macroeconomics,  Statistics,  Microeconomics,  Endogenous growth (Economics),  Economics,  Industrial organization (Economic theory),  Economic development,  Industrial management,  Business & economics -> economics -> principles of macroeconomics,  Business & economics -> economics -> economic development,  Business & economics -> decision sciences -> business statistics,  Business & economics -> decision sciences -> management science,  Business & economics -> economics -> principles of microeconomics,  Scw32000,  Scw44000,  Scs17010,  Scw31010,  Scw31000,  4662,  4680,  4383,  4091,  4026,  Suco41170