Evolutionary Selection and Keynes–Schumpeter Macroeconomics - Bart Verspagen, Onder ) Nomaler, Danilo Spinola

This Element mentions the development of a stock-flow consistent agent-based macroeconomic model with Schumpeterian and Keynesian characteristics. In the long run, an evolutionary stable R&D strategy of firms emerges, leading to endogenous productivity growth. This title is also available as Open Access on Cambridge Core.