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