Macroeconomic model reference

K+S Schumpeter-Keynes Growth ABM Model

How do firm-level R&D investment, Schumpeterian innovation cascades, and Keynesian aggregate demand failures jointly produce the statistical properties of long-run growth -- trend growth, business cycles, fat-tailed recessions, and persistent productivity dispersion -- without imposing them from above?

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Compare K+S Schumpeter-Keynes Growth ABM with nearby alternatives, local saved scenarios, data needs, assumptions, strengths, weak points, and use case.

Macro by Mark

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