| This is partly because climate change is primarily a problem in the future; and partly because both the human and natural components of the Earth system—and thus both the drivers and the impacts of global climate change—are complex and only partially understood | Distance and Border Effects in Economics Editor: T |
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| Based on this understanding — i | This special issue is aimed at collecting recent contributions in the ABM field, focussed on various topics, thus making an additional step towards a concrete approach to study the economy as a complex system and the role of policy in managing its evolution |
We solicit papers that are intrinsically probabilistic, that is, based broadly on the principle of statistical physics.
11| The co-editors of the special issue advocated this idea in their book entitled Reconstructing Macroeconomics, Cambridge University Press, 2007 | To further stimulate the discussions in this field, Economics—The Open-Access, Open Assessment E-Journal is planning to publish a special issue with papers that use firm-level data for empirical analyses of recent topics that include, but are by no means limited to,• At the same time, agriculture is currently responsible for about one-third of total emissions which could continue to increase unless low-emission agricultural development strategies are implemented around the world |
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| Moreover, recent economic literature proposes the use of a discount rate which declines with time, according to some predetermined trajectory | Second, any assessment of the seriousness of climate change requires value judgements about the relative importance of temporal impacts: those that occur now and in the future; spatial impacts: those that impact people near and far across the globe; and the risk aversion of society for uncertain impacts: the more severe damages that may occur less likely, but still plausible, futures |
Once the final set of articles are published, a summary document will be produced, the intent of which is to provide something of a set of guidelines for future replication studies.
3| The integration between ABM and the Stock-Flow Consistent SFC modelling has further improved macroeconomic models, highlighting the role of underlying economic theories, with a particular emphasis on the Post-Keynesian approach | Furthermore, we would like in particular invite contributions with focus on SDG 17 Strengthen the means of implementation and revitalize the global partnership for sustainable development which address the role of finance, technology, capacity building, trade or achieving sustainable development |
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| Both theoretical and empirical papers are welcome | For example, are models which were useful in the seventies still relevant in the more globalized world of today? Articles published in the special issue will be considered for the prize |
However, once the damages of the crisis became undeniable many modifications have been introduced in the dominant paradigm, especially financial frictions of various species, though these may resemble the epicycles of a Ptolemaic system.
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