Agent-Based Model Simple (ABMSIM) is an interpretation of G&L's first sectoral flow government, non-government monetary system.
Policy variables are government expenditure (a stimulus quantity) and a government mandated taxation rate (a percentage). Changes in both expenditure and taxation determine the quantity of money (net financial assets) that flow towards or away from the non-government sector. This is the government sector fiscal balance, either in surplus (a money flow away from the non-government sector), or more typically, in deficit (a money flow toward the non-government sector).
The model and therefore the economy is defined by key policy variables and the behaviour of agents.
Unfortunately, the screen size of this device is not sufficient to view test data apps. Please view from a device with a larger screen size.
View a wholly fictional story.