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?
Agent-based models · Derivation
K+S Schumpeter-Keynes Growth ABM mechanics: assumptions and equations
Trace the K+S Schumpeter-Keynes Growth ABM mechanics through assumptions, notation, equations, and failure cases.
Macro by Mark
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