The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...

We construct a multiagent system (MAS) model of cyclical growth in which aggregate fluctuations result from variations in activity at the firm level. The latter, in turn, result from changes in ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper presents GMMET, the Global Macroeconomic Model for the Energy Transition, and provides documentation of the ...

We develop a quantitative New Keynesian DSGE model with monopolistic banks to study the macroeconomic effects of introducing a central bank digital currency (CBDC). Households benefit from an ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This study seeks to construct a basic reinforcement learning-based AI-macroeconomic simulator. We use a deep RL (DRL) ...

This is a preview. Log in through your library . Abstract This paper outlines a classical–Marxian model of the antebellum US economy. The model assumes that the mobility of capital tended to equalize ...