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Schmolke, A., Thorbek, P., DeAngelis, D.L. and Grimm, V. (2010) Ecological Models Supporting Environmental Decision Making: A Strategy for the Future. Trends in Ecology & Evolution, 25, 479-486. https://doi.org/10.1016/j.tree.2010.05.001
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.