The BAM Model at Work

  • Domenico Delli Gatti
  • Saul Desiderio
  • Edoardo Gaffeo
  • Pasquale Cirillo
  • Mauro Gallegati
Part of the New Economic Windows book series (NEW, volume 1)

Abstract

In this chapter we develop a prototype bottom-up macroeconomic (BAM) model,40 which epitomizes the key features at the root of a series of computational investigations of macroeconomic processes conceived as complex adaptive systems (CATS), as recently performed by our research group. Other exemplifications of the CATS approach can be found in (2005), (2007) and (2007).

Keywords

Interest Rate Minimum Wage Real Wage Credit Market Unemployed Worker 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer-Verlag Italia 2011

Authors and Affiliations

  • Domenico Delli Gatti
    • 1
  • Saul Desiderio
    • 2
  • Edoardo Gaffeo
    • 3
  • Pasquale Cirillo
    • 4
  • Mauro Gallegati
    • 2
  1. 1.Catholic University of MilanItaly
  2. 2.Università Politecnica delle MarcheAnconaItaly
  3. 3.University of TrentoItaly
  4. 4.University of BernSwitzerland

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