Article citationsMore>>
Grimm, V., Augusiak, J., Focks, A., Frank, B.M., Gabsi, F., Johnston, A.S.A., Liu, C., Martin, B.T., Meli, M., Radchuk, V., Thorbek, P. and Railsback, S.F. (2014) Towards Better Modelling and Decision Support: Documenting Model Development, Testing, and Analysis Using TRACE. Ecological Modelling, 280, 129-139.
https://doi.org/10.1016/j.ecolmodel.2014.01.018
has been cited by the following article:
-
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.