The aims of this paper are to present and to discuss an agent-based model of population dynamics for the European regions at NUTS 3 level. It includes individuals that perform several activities with bounded rationality. The paper briefly discusses the latest novelties on this topic and then describes the processes to prepare a data base with the necessary information to feed and calibrate the model. Then it is presented the initialization module. It generates individual heterogeneity according to average and marginal aggregate distributions of the included variables that characterize the agents. In order to simulate the mechanisms of migration our model creates an artificial labor demand at regional level using simple but effective rules based on mainstream economic theory. The rest of the model is also presented: education, pairing, aging and deceases. A set of scenarios is defined and the regional aggregates are computed. Hence, the results are prepared to be visualized with tables, graphics and maps.
Prof Federico Pablo-Martí
Institution: University of Alcalá
City: Alcalá de Henares
Pablo-Martí is Professor at the Department of Economics and a research associate of the Institute for Economic and Social Analysis at the University of Alcala (Spain). He was Visiting Researcher at the Institute for Development Strategies in the University of Indiana. His main research areas are Regional Economics and Agent Based Simulation. He was adviser of the Ministry of Industry of the Spanish Government and the European Commission. Prof. Pablo-Martí holds a PhD in Economics from Universidad de Alcalá (Madrid) and a Master in Industrial Economics from Universidad Carlos III (Madrid).