Agent-based Simulation Model of Business Cycle
| Project/Area Number |
22530284
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Soka University |
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Principal Investigator |
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| Co-Investigator(Kenkyū-buntansha) |
OKADA Isamu 創価大学, 経営学部, 准教授 (60323888)
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| Project Period (FY) |
2010 – 2012
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| Project Status |
Completed (Fiscal Year 2012)
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| Budget Amount *help |
¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000)
Fiscal Year 2012: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2011: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2010: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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| Keywords | 政策シミュレーション / マクロ経済理論 / 景気循環論 / 経済政策 / エージェント・シミュレーション / ビジネスサイクル / ミクロモデル / 消費財 / 投資財 / 労働市場 / 景気循環 / 投資 |
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| Research Abstract |
In order to obtain policy implications on systemic financial fragility, we constructed a macroeconomic model in cooperating heterogeneous economic agents and a financial sector. Since business cycle is a phenomenon emerging from complex interactions among heterogeneous agents, conventional macroeconomic model that assumes a representative agent is inappropriate. We reproduced business cycle behavior using an agent-based approach. A completely closed macro financial model, which in cooperates Keynesian and Walrasian regimes with endogenous money supply, was constructed. This prototype model is expected to be a useful base model to examine various policy simulations.
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Report
(4 results)
Research Products
(36 results)
