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EL ENFOQUE MONETARIO A LA SCHUMPETER: UNA APLICACIÓN A LA MODELACIÓN MULTI-AGENTES.

Authors :
Stellian, Rémi
Paola Danna-Buitrago, Jenny
Source :
Revista de Economía Institucional. ene-jun2020, Vol. 22 Issue 42, p153-186. 34p.
Publication Year :
2020

Abstract

This paper is a discussion of the creation of agent-based models from the exclusive perspective of monetary phenomena. These correspond to Schumpeter's monetary analysis in its ideal version. A set of general principles formalizes a population of agents interacting in a decentralized way on the sole basis of monetary phenomena. We make use of these principles, and the subsequent agent-based model is a dynamic, non-deterministic system, whose numerical simulations are able to mimic stylized facts in macroeconomics. Further extensions of the model make possible the expansion its descriptive power, and its use in economic research. [ABSTRACT FROM AUTHOR]

Details

Language :
Spanish
ISSN :
01245996
Volume :
22
Issue :
42
Database :
Academic Search Index
Journal :
Revista de Economía Institucional
Publication Type :
Academic Journal
Accession number :
140201019
Full Text :
https://doi.org/10.18601/01245996.v22n42.07