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 · Sources

K+S Schumpeter-Keynes Growth ABM sources, papers, and evidence trail

Primary papers, model variants, source notes, and review signals behind the K+S Schumpeter-Keynes Growth ABM page.

References

Reference sources

Reference material used for orientation; read primary and academic sources first when claims conflict.

  1. [S1] Reference

    Nelson and Winter (1982) -- evolutionary foundations: firm routines, stochastic search, selection dynamics

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  2. [S2] Reference

    Dosi, Fagiolo, and Roventini (2010) -- original K+S model: two-sector economy with Schumpeterian innovation and Keynesian demand

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  3. [S3] Reference

    Dosi, Fagiolo, Napoletano, Roventini (2013) -- K+S with income distribution, a credit market and fiscal policy: austerity vs. stimulus, state-dependent multipliers

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  4. [S4] Reference

    Dosi, Fagiolo, Napoletano, Roventini, Treibich (2015) -- K+S with an endogenous banking sector and monetary policy: this is where the Taylor rule and credit rationing enter the family

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  5. [S5] Reference

    Dosi et al. (2017) -- K+S with labor market: firing costs, minimum wage, unemployment benefits

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  6. [S6] Reference

    Dosi et al. (2018) -- K+S with inequality: markup-driven functional income distribution

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  7. [S7] Reference

    Silverberg and Verspagen (2005) -- innovation race models with heterogeneous firms and path dependence

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  8. [S8] Reference

    Ciarli et al. (2010) -- multi-sector structural change ABM in the evolutionary tradition

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  9. [S9] Reference

    Lamperti, Dosi, Napoletano, Roventini, Sapio (2018) -- DSK climate-economy K+S: carbon taxes, directed technical change, climate damages (distinct from Lamperti, Roventini and Sani 2018 on surrogate calibration)

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