Network-based Macroeconomics

dc.contributor.advisor	Wagner, Richard E
dc.contributor.author	Pudiyadath Veetil, Vipin
dc.creator	Pudiyadath Veetil, Vipin
dc.date.accessioned	2017-01-29T01:13:02Z
dc.date.available	2017-01-29T01:13:02Z
dc.date.issued	2016
dc.description.abstract	This dissertation studies macroeconomic phenomena as emergent outcomes of interactions between microeconomic agents through a production network. The first chapter reformulates Schumpeter’s theory of macroeconomic turbulence. The second chapter studies the effects of monetary shocks on the distribution of prices. It presents an agent-based computational model of dynamics on a production network. The third chapter argues for a “New Austrian Macroeconomics”, which is the old Austrian insight that macroeconomic variables are emergent outcomes of micro interactions, studied through formal methods and open to empirical investigation. The fourth chapter discusses the question of monetary stabilization in a network economy, in which governments cannot directly act upon aggregate variables.
dc.format.extent	114 pages
dc.identifier.uri	https://hdl.handle.net/1920/10535
dc.language.iso	en
dc.rights	Copyright 2016 Vipin Pudiyadath Veetil
dc.subject	Economics
dc.subject	Agent-Based Modeling
dc.subject	Bottom-up Macroeconomics
dc.subject	Business Cycles
dc.subject	Macroeconomics
dc.subject	Networks
dc.title	Network-based Macroeconomics
dc.type	Dissertation
thesis.degree.discipline	Economics
thesis.degree.grantor	George Mason University
thesis.degree.level	Ph.D.

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