Browsing by Author "Chudziak, Szymon"
Now showing items 1-4 of 4
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On the sources of economic growth, structural consistency of agent-based models and mental-accounting consumer behaviour
(2022-03-18)An assessment of the sources of growth in agent- and general equilibrium-based models is presented, along a discussion of the strengths and weaknesses of existing approaches to growth modelling. The empirical and theoretical ... -
Categorisation-enhanced mental-accounting consumer behaviour: demand enhancement and endogenous cycles in an overlapping-generations income-age distribution model
(2023-06)Weaknesses of intertemporal optimisation approaches to consumption modelling include excess sensitivity of an individual's expenditure to interest rate changes and the inability to account for the documented behavioural ... -
Consumption modelling using categorisation-enhanced mental accounting
(2023-07)Credibly representing category-of-goods mental accounting in an intertemporal optimisation framework is notoriously difficult, as this modelling approach imposes interrelations between the demand for different categories ... -
Economic dynamics may be different than it seems: multiplicity of relevant economic cycles
(2025-01)A model of cyclical signals, trend and noise is developed, allowing more than one cycle per each variable and the composition of cycles to differ for each macroeconomic aggregate. Estimation and best-model selection result ...
