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Robert Vienneau: Thoughts Economics

I Just Simulated 6 Billion Random Economies

Figure 1: Probability a Random Economy Will Be Viable I have begun working towards replicating certain simulation results reported by Stefano Zambelli's. At this point, I have implemented a capability to generate a random economy, where such an economy is characterized by a single technique. A technique is specified by a row vector of labor coefficients and a corresponding square Leontief input-output matrix. The labor coefficients are randomly generated from a uniform distribution on...

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