{"id":"https://openalex.org/W2774765339","doi":"https://doi.org/10.1093/oxrep/grx051","title":"An interdisciplinary model for macroeconomics","display_name":"An interdisciplinary model for macroeconomics","publication_year":2017,"publication_date":"2017-09-28","ids":{"openalex":"https://openalex.org/W2774765339","doi":"https://doi.org/10.1093/oxrep/grx051","mag":"2774765339"},"language":"en","primary_location":{"id":"doi:10.1093/oxrep/grx051","doi":"https://doi.org/10.1093/oxrep/grx051","is_oa":false,"landing_page_url":"https://doi.org/10.1093/oxrep/grx051","pdf_url":null,"source":{"id":"https://openalex.org/S106098198","display_name":"Oxford Review of Economic Policy","issn_l":"0266-903X","issn":["0266-903X","1460-2121"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311648","host_organization_name":"Oxford University Press","host_organization_lineage":["https://openalex.org/P4310311648","https://openalex.org/P4310311647"],"host_organization_lineage_names":["Oxford University Press","University of Oxford"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Oxford Review of Economic Policy","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5113694464","display_name":"Andy Haldane","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I46860202","display_name":"Bank of England","ror":"https://ror.org/04p3y0q03","country_code":"GB","type":"other","lineage":["https://openalex.org/I46860202"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"A G Haldane","raw_affiliation_strings":["Bank of England"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank of England","institution_ids":["https://openalex.org/I46860202"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5009572464","display_name":"Arthur Turrell","orcid":"https://orcid.org/0000-0002-2525-0773","observed_orcids":["https://orcid.org/0000-0002-2525-0773"]},"institutions":[{"id":"https://openalex.org/I46860202","display_name":"Bank of England","ror":"https://ror.org/04p3y0q03","country_code":"GB","type":"other","lineage":["https://openalex.org/I46860202"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"A E Turrell","raw_affiliation_strings":["Bank of England"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank of England","institution_ids":["https://openalex.org/I46860202"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I46860202"],"apc_list":{"value":3866,"currency":"GBP","value_usd":5098},"apc_paid":null,"fwci":27.5167,"has_fulltext":false,"cited_by_count":128,"citation_normalized_percentile":{"value":0.99564989,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":100},"biblio":{"volume":"34","issue":"1-2","first_page":"219","last_page":"251"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.7372999787330627,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.7372999787330627,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10456","display_name":"Multi-Agent Systems and Negotiation","score":0.11349999904632568,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10785","display_name":"Economic Theory and Institutions","score":0.07769999653100967,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/macroeconomic-modeling","display_name":"macroeconomic modeling","score":0.9330000281333923},{"id":"https://openalex.org/keywords/agent-based-modeling","display_name":"agent-based modeling","score":0.8539999723434448},{"id":"https://openalex.org/keywords/interdisciplinary-approach","display_name":"interdisciplinary approach","score":0.4740000069141388},{"id":"https://openalex.org/keywords/heterogeneous-agents","display_name":"heterogeneous agents","score":0.7490000128746033},{"id":"https://openalex.org/keywords/economic-networks","display_name":"economic networks","score":0.7160000205039978},{"id":"https://openalex.org/keywords/complexity","display_name":"complexity","score":0.4269999861717224},{"id":"https://openalex.org/keywords/great-financial-crisis","display_name":"Great Financial Crisis","score":0.7310000061988831}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8206087946891785},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.5721098184585571},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.5681986808776855},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.4350479245185852}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1093/oxrep/grx051","doi":"https://doi.org/10.1093/oxrep/grx051","is_oa":false,"landing_page_url":"https://doi.org/10.1093/oxrep/grx051","pdf_url":null,"source":{"id":"https://openalex.org/S106098198","display_name":"Oxford Review of Economic Policy","issn_l":"0266-903X","issn":["0266-903X","1460-2121"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311648","host_organization_name":"Oxford University Press","host_organization_lineage":["https://openalex.org/P4310311648","https://openalex.org/P4310311647"],"host_organization_lineage_names":["Oxford University Press","University of Oxford"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Oxford Review of Economic Policy","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:oup:oxford:v:34:y:2018:i:1-2:p:219-251.","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1093/oxrep/grx051","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":199,"referenced_works":["https://openalex.org/W9029250","https://openalex.org/W71947956","https://openalex.org/W105140810","https://openalex.org/W123081422","https://openalex.org/W153201370","https://openalex.org/W158727920","https://openalex.org/W264722012","https://openalex.org/W373970991","https://openalex.org/W580048775","https://openalex.org/W749816576","https://openalex.org/W783880638","https://openalex.org/W807340733","https://openalex.org/W943026089","https://openalex.org/W1480376833","https://openalex.org/W1482172641","https://openalex.org/W1491069747","https://openalex.org/W1500458205","https://openalex.org/W1506556468","https://openalex.org/W1510793116","https://openalex.org/W1528512439","https://openalex.org/W1537415400","https://openalex.org/W1540263073","https://openalex.org/W1564669553","https://openalex.org/W1570420420","https://openalex.org/W1598444752","https://openalex.org/W1602009083","https://openalex.org/W1614298861","https://openalex.org/W1690291114","https://openalex.org/W1726055186","https://openalex.org/W1858542512","https://openalex.org/W1862192742","https://openalex.org/W1869470212","https://openalex.org/W1880473682","https://openalex.org/W1894324475","https://openalex.org/W1895366050","https://openalex.org/W1905041565","https://openalex.org/W1914704499","https://openalex.org/W1916722811","https://openalex.org/W1927360298","https://openalex.org/W1928717763","https://openalex.org/W1965631677","https://openalex.org/W1966384569","https://openalex.org/W1968612073","https://openalex.org/W1970545564","https://openalex.org/W1973399956","https://openalex.org/W1974765950","https://openalex.org/W1982797147","https://openalex.org/W1983822602","https://openalex.org/W1987285598","https://openalex.org/W1987483064","https://openalex.org/W1988463647","https://openalex.org/W1993639458","https://openalex.org/W1994206678","https://openalex.org/W1994993012","https://openalex.org/W1999692672","https://openalex.org/W2013860961","https://openalex.org/W2018567859","https://openalex.org/W2022057108","https://openalex.org/W2029263712","https://openalex.org/W2032469582","https://openalex.org/W2037102228","https://openalex.org/W2051203581","https://openalex.org/W2052268949","https://openalex.org/W2055046090","https://openalex.org/W2055698392","https://openalex.org/W2056246162","https://openalex.org/W2056760934","https://openalex.org/W2061044658","https://openalex.org/W2061364641","https://openalex.org/W2064523162","https://openalex.org/W2068105449","https://openalex.org/W2068120155","https://openalex.org/W2070720254","https://openalex.org/W2079363987","https://openalex.org/W2079911253","https://openalex.org/W2084258750","https://openalex.org/W2086569239","https://openalex.org/W2087096517","https://openalex.org/W2087943432","https://openalex.org/W2093453241","https://openalex.org/W2097587161","https://openalex.org/W2099165505","https://openalex.org/W2099616619","https://openalex.org/W2100927162","https://openalex.org/W2101429676","https://openalex.org/W2102188792","https://openalex.org/W2102382854","https://openalex.org/W2107589787","https://openalex.org/W2109155413","https://openalex.org/W2111327300","https://openalex.org/W2114696370","https://openalex.org/W2117270372","https://openalex.org/W2120170284","https://openalex.org/W2122012758","https://openalex.org/W2122356930","https://openalex.org/W2126398727","https://openalex.org/W2126416729","https://openalex.org/W2128391133","https://openalex.org/W2134106953","https://openalex.org/W2134516692","https://openalex.org/W2134854408","https://openalex.org/W2134867358","https://openalex.org/W2135394257","https://openalex.org/W2139456973","https://openalex.org/W2140213624","https://openalex.org/W2141077304","https://openalex.org/W2143477576","https://openalex.org/W2146207816","https://openalex.org/W2147127799","https://openalex.org/W2147190688","https://openalex.org/W2150704630","https://openalex.org/W2152717893","https://openalex.org/W2157581667","https://openalex.org/W2158438518","https://openalex.org/W2159141474","https://openalex.org/W2161280218","https://openalex.org/W2163235518","https://openalex.org/W2166534449","https://openalex.org/W2170983187","https://openalex.org/W2173693873","https://openalex.org/W2185580901","https://openalex.org/W2188080486","https://openalex.org/W2206188367","https://openalex.org/W2215109065","https://openalex.org/W2233057995","https://openalex.org/W2237624758","https://openalex.org/W2252795400","https://openalex.org/W2265194821","https://openalex.org/W2272387771","https://openalex.org/W2284706563","https://openalex.org/W2286006684","https://openalex.org/W2296532024","https://openalex.org/W2314479274","https://openalex.org/W2335486602","https://openalex.org/W2336551417","https://openalex.org/W2338557740","https://openalex.org/W2342382925","https://openalex.org/W2394566550","https://openalex.org/W2423894856","https://openalex.org/W2474980071","https://openalex.org/W2489851751","https://openalex.org/W2518892488","https://openalex.org/W2530163778","https://openalex.org/W2558875910","https://openalex.org/W2564673864","https://openalex.org/W2575173422","https://openalex.org/W2575290303","https://openalex.org/W2584836299","https://openalex.org/W2587041926","https://openalex.org/W2594794854","https://openalex.org/W2606009337","https://openalex.org/W2743210443","https://openalex.org/W2749859120","https://openalex.org/W2754785100","https://openalex.org/W2756039591","https://openalex.org/W2784148661","https://openalex.org/W2883414674","https://openalex.org/W2892197067","https://openalex.org/W2892285611","https://openalex.org/W2894827933","https://openalex.org/W3023567959","https://openalex.org/W3043951008","https://openalex.org/W3121217586","https://openalex.org/W3121343633","https://openalex.org/W3121477577","https://openalex.org/W3121662841","https://openalex.org/W3121727905","https://openalex.org/W3121845654","https://openalex.org/W3121862785","https://openalex.org/W3121900164","https://openalex.org/W3121976866","https://openalex.org/W3122161814","https://openalex.org/W3122306991","https://openalex.org/W3122328812","https://openalex.org/W3122444308","https://openalex.org/W3122579314","https://openalex.org/W3123019092","https://openalex.org/W3123043003","https://openalex.org/W3123180108","https://openalex.org/W3123246780","https://openalex.org/W3123429162","https://openalex.org/W3123481554","https://openalex.org/W3123604306","https://openalex.org/W3123899433","https://openalex.org/W3123949744","https://openalex.org/W3124103656","https://openalex.org/W3124104134","https://openalex.org/W3124126930","https://openalex.org/W3124498556","https://openalex.org/W3124714522","https://openalex.org/W3124765495","https://openalex.org/W3125341304","https://openalex.org/W3126081245","https://openalex.org/W3147070131","https://openalex.org/W4238774791","https://openalex.org/W4251317723","https://openalex.org/W4301657671","https://openalex.org/W6686660949","https://openalex.org/W6928973914"],"related_works":["https://openalex.org/W2790356583","https://openalex.org/W3131437979","https://openalex.org/W2903131040","https://openalex.org/W7034492822","https://openalex.org/W7025334326","https://openalex.org/W2995797079","https://openalex.org/W2785984278","https://openalex.org/W4236147633","https://openalex.org/W6929250601","https://openalex.org/W1991538895"],"abstract_inverted_index":{"Macroeconomic":[0],"modelling":[1],"has":[2,29],"been":[3,30],"under":[4],"intense":[5],"scrutiny":[6],"since":[7],"the":[8,18,23,33,37,50],"Great":[9],"Financial":[10],"Crisis,":[11],"when":[12],"serious":[13],"shortcomings":[14],"were":[15],"exposed":[16],"in":[17,36],"methodology":[19],"used":[20,81],"to":[21,57,62,99,105],"understand":[22],"economy":[24,51],"as":[25,88],"a":[26,83,93],"whole.":[27],"Criticism":[28],"levelled":[31],"at":[32],"assumptions":[34],"employed":[35],"dominant":[38],"models,":[39],"particularly":[40],"that":[41,49],"economic":[42],"agents":[43],"are":[44,97,103],"homogeneous":[45],"and":[46,48,71,102,113],"optimizing":[47],"is":[52,80],"equilibrating.":[53],"This":[54],"paper":[55],"seeks":[56],"explore":[58],"an":[59,89,116],"interdisciplinary":[60],"approach":[61],"macroeconomic":[63,107],"modelling,":[64,78],"with":[65],"techniques":[66],"drawn":[67],"from":[68],"other":[69],"(natural":[70],"social)":[72],"sciences.":[73],"Specifically,":[74],"it":[75],"discusses":[76],"agent-based":[77],"which":[79],"across":[82],"wide":[84],"range":[85],"of":[86,91],"disciplines,":[87],"example":[90],"such":[92],"technique.":[94],"Agent-based":[95],"models":[96],"complementary":[98],"existing":[100],"approaches":[101],"suited":[104],"answering":[106],"questions":[108],"where":[109],"complexity,":[110],"heterogeneity,":[111],"networks,":[112],"heuristics":[114],"play":[115],"important":[117],"role.":[118]},"counts_by_year":[{"year":2026,"cited_by_count":10},{"year":2025,"cited_by_count":8},{"year":2024,"cited_by_count":7},{"year":2023,"cited_by_count":11},{"year":2022,"cited_by_count":11},{"year":2021,"cited_by_count":25},{"year":2020,"cited_by_count":22},{"year":2019,"cited_by_count":17},{"year":2018,"cited_by_count":13},{"year":2017,"cited_by_count":4}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2017-12-22T00:00:00"}