Part of the New Economic Windows book series (NEW, volume 1)
The aim of this chapter is to understand to what extent the BAM model described and simulated in Chap. 3 is able to reproduce real world phenomena, by applying tools and techniques of empirical external validation (see Fagiolo et al., 2007).
KeywordsActual Data Total Asset Wage Distribution Behavioural Rule Real World Phenomenon
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.
© Springer-Verlag Italia 2011