A graph showing the unemployment rates of 10 simulations of a closed economic agent based model. The graph depicts this over a span of about 230 years. The maximum unemployment rate shown is about 28%.
My #agentBasedModel captures a mechanism in which employment shifts between industries. #MacroeconomicModel #ZeroDebtMacroeconomicModel #threeIndustryMacroEconomicModel #java #openSource #ABCE #agentBasedModeling #agentBasedComputationalEconomics #macroEconomics
www.comses.net/codebases/d2...
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