13 citations · 15 across the 4 of their papers we have counts for
7 papers
Estimating Sloppy Directions via KDE: The Case of Kirman's Ants
Karl Naumann-Woleske
Models whose predictions depend on only a handful of well-constrained parameter combinations, termed sloppy models, are ubiquitous in nonlinear stochastic systems. The information-…
The Structure of Occupational Mobility in France
Max Sina Knicker, Karl Naumann-Woleske, Michael Benzaquen
In an era of rapid technological advancements and macroeconomic shifts, worker reallocation is necessary, yet responses to labor market shocks remain sluggish, making it crucial to…
Post-COVID Inflation & the Monetary Policy Dilemma: An Agent-Based Scenario Analysis
Max Sina Knicker, Karl Naumann-Woleske, Jean-Philippe Bouchaud +1
The economic shocks that followed the COVID-19 pandemic have brought to light the difficulty, both for academics and policy makers, of describing and predicting the dynamics of inf…
Agent-based Integrated Assessment Models: Alternative Foundations to the Environment-Energy-Economics Nexus
Karl Naumann-Woleske
Climate change is a major global challenge today. To assess how policies may lead to mitigation, economists have developed Integrated Assessment Models, however, most of the equili…
Exploration of the Parameter Space in Macroeconomic Agent-Based Models
Karl Naumann-Woleske, Max Sina Knicker, Michael Benzaquen +1
Agent-Based Models (ABM) are computational scenario-generators, which can be used to predict the possible future outcomes of the complex system they represent. To better understand…
Capital Demand Driven Business Cycles: Mechanism and Effects
Karl Naumann-Woleske, Michael Benzaquen, Maxim Gusev +1
We develop a tractable macroeconomic model that captures dynamic behaviors across multiple timescales, including business cycles. The model is anchored in a dynamic capital demand…