Agent-based model
A simulation built from many interacting agents whose local rules generate macro outcomes.
Glossary
Macro terms, data terms, and platform terms in one place
Search matches term names, aliases, categories, and definitions.
Platform-specific workflow terms are marked separately from standard macro vocabulary.
Models and projections
A simulation built from many interacting agents whose local rules generate macro outcomes.
Setting model parameters to reference values or stylized facts rather than estimating every one directly from data.
A curated set of indicators admitted into a model because each series carries a clear role in the structural or empirical read.
A parameter belief or reference distribution specified before the estimation step updates it with data.
The reference equilibrium or benchmark level around which many macro models are organized.