%0 Generic
%T A new firm-level model of corporate sector interactions and fragility: The Corporate Agent-Based (CAB) model
%A Hillman, Robert
%A Barnes, Sebastian
%I OECD Publishing
%K Economics
%D 2021
%X This paper develops a new large-scale firm-level simulation model, the Corporate Sector Agent-Based (CAB) Model, which is applied to analyse the COVID-19 shock and policy options in Barnes, Hillman, MacDonald and Wharf (2021). Agent-based models (ABMs) simulate the interaction of autonomous agents to generate emergent aggregate behaviours. The CAB model takes into account: heterogeneity across firms; a realistic customer-supplier network; interactions between firms; rule-of-thumb behaviour by firms and bankruptcy constraints.
%C OECD Publishing
%C Paris
%U http://slubdd.de/katalog?TN_libero_mab2
Download citation