ABMLP-X Overview
Agent-Based Model Liquidity Preference-X (ABMLP-X) is an interpretation, an open ended development of the third sectoral system described by Wynne Godley and Marc Lavoie (G&L) in their book Monetary Economics.
ABMLP-X comprises one Government, one Central Bank and many, possibly hundreds of Producers and Households. The parameters set by the Government and Central Bank - the inputs and outputs to the system - are modelled as a logical framework of accounting connecting the behaviours of sectoral agents. View the ABMLP-X sectoral accounting spreadsheet; an amended version of the original ABMLP accounting.
Test Output: Steady State System
The Hugging Face space, abmlp-x-test, shows a simple test output of ABMLP-X.