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Novel Modelling of the Operation of the Financial Intermediary System – Agent-based Macro Models

Bence Mérő

2019 · DOI: 10.33893/fer.18.3.83113
Financial and economic review · 1 Citations

TLDR

The author attempts to make the readers understand the nature, essence and framework of agent-based modelling, also highlighting the difficulties that arise during modelling.

Abstract

The study describes three agent-based macro models – expanded with the banking sector – that may later, following adequate further development, serve as bases for regulatory decisions. By presenting and explaining these models, the author attempts to make the readers understand the nature, essence and framework of agent-based modelling, also highlighting the difficulties that arise during modelling.