Book contents
- Frontmatter
- Contents
- List of Illustrations
- List of Tables
- Notes on Contributors
- Introduction
- Part One Theory
- Part Two Model
- 3 A Computable Market Model: The Structure of the Agent-Based Simulation
- 4 The Results of the Simulation Agent-Based Model, in SMAC and ASHAM Modes
- 5 The Model Facing Empirical Data
- Conclusions
- Appendices
- References
- Author Index
- Subject Index
5 - The Model Facing Empirical Data
from Part Two - Model
Published online by Cambridge University Press: 07 December 2019
Book contents
- Frontmatter
- Contents
- List of Illustrations
- List of Tables
- Notes on Contributors
- Introduction
- Part One Theory
- Part Two Model
- 3 A Computable Market Model: The Structure of the Agent-Based Simulation
- 4 The Results of the Simulation Agent-Based Model, in SMAC and ASHAM Modes
- 5 The Model Facing Empirical Data
- Conclusions
- Appendices
- References
- Author Index
- Subject Index
Summary
We propose some actual data related to the GDP cycle and to the income components, to search for the presence of the counter cyclical markup. We examine some actual data related to the GDP cycle and to the income components, observing a significant presence of the counter cyclical markup.
- Type
- Chapter
- Information
- Rethinking Macroeconomics with Endogenous Market Structure , pp. 168 - 175Publisher: Cambridge University PressPrint publication year: 2019