We propose an agent-based input-output model of the EU. We make input-output analysis dynamic by linking it to an agent-based model of the capital sector, in which heterogeneous capital firms engage in innovation to improve capital productivity. I will discuss how our method affects the predictions of future resource extraction compared to a static input-output-analysis.
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Karolina Safarzynska is an Associate Professor in Economics at the University of Warsaw. Her interests lie in studying policies for low-carbon transitions using methods from behavioural and complexity economics. Before joining her current department, she earned a doctorate from the Vrije University, Amsterdam and worked at the WU Vienna University of Economics and Business.
Karolina Safarzynska will give a talk on Wednesday, March 8, 2023 at 3 PM in Room 201.