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Government Money Models

Computational (agent-based) models interpret the first two systems described in Monetary Economics, a book written by and Marc Lavoie (G&L). Agent-based models solve computationally; not as a system of equations. Models must remain consistent with G&L accounting.


ABMSIM

Why are long-term interest rates so low?

View the output of agent-based monetary model simple (ABMSIM).

ABMSIM

ABMPC

The puzzling impact of interest rates.

View an outline of agent-based monetary model portfolio choice (ABMPC).

ABMPC

Data Applications