150 Years Journal of Economics and Statistics: Themenheft 3/Bd. 233 (2013) Jahrbucher Fur Nationalokonomie Und Statistik (Jahrbücher Für ... Nationalökonomie Und Statistik, 233)

This special issue of the Journal of Economics and Statistics is devoted to the use of agent-based models for economic policy advice. It presents a collection of research papers in different fields of applications. Special emphasis is laid on discussing the potential and possible limitations of agent-based models for economic policy advice. The editorial provides an overview on the role of agent-based modeling in economic policy referring also to the papers presented. Furthermore, it highlights the strength of the approach, i.e., the explicit microfoundation and the modeling of heterogenous agents. Finally, we also report on current limitations of the method with regard to economic policy advice and point at some areas deserving further research. Inhalt / Contents Guest Editorial Abhandlungen/Original Papers On the Shoulders of Giants: Tracing Back the Intellectual Sources of the Current Debate on “GDP and Beyond” to the 19th Century Sustainability of Public Debt in Germany - Historical Considerations and Time Series Evidence Recurrent Price Index Problems and Some Early German Papers on Index Numbers From the Zollverein to the Economics of Regionalism The Relevance of Census Results for a Modern Society Celebrating 150 Years of Analyzing Fertility Trends in Germany Monetary Theory and Monetary Policy: Reflections on the Development over the last 150 Years Buchbesprechung / Book Review