Article citationsMore>>
Dawid, H., Gemkow, S., Harting, P., van der Hoog, S. and Neugart, M. (2018) Agent-Based Macroeconomic Modeling and Policy Analysis: The Eurace@Unibi Model. In: Chen, S.H., Kaboudan, M. and Du, Y.R., Eds., The Oxford Handbook of Computational Economics and Finance, Oxford University Press, New York, 490-519.
has been cited by the following article:
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TITLE:
Monetary Policy Experiments in an Agent-Based Macroeconomic Model
AUTHORS:
Elder Mauricio Silva, Guilherme Moura, Sergio Da Silva
KEYWORDS:
Agent-Based Macroeconomic Model, Monetary Policy, Financial Crises, Taylor’s Rule, Quantitative Easing, Business Cycles
JOURNAL NAME:
Open Access Library Journal,
Vol.8 No.5,
May
26,
2021
ABSTRACT: We consider an interbank market and a central bank in an agent-based macroeconomic model with credit and capital to evaluate the effects of monetary policies—conventional and quantitative easing. We find quantitative easing outperforms Taylor’s rule-style policies in smoothing out the business cycle.