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BeforeIT.jl macro ABM open-source software paper v2 released

1 reports1 news sources1 days agoUpdated

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Adriano Meligrana and co-authors published paper v2 on arXiv, introducing BeforeIT.jl, an open-source software for macroeconomic agent-based modeling developed in Julia. The software and accompanying documentation are freely available under the Apache 2.0 license, making it the first open-source industrial-grade software for macro ABM. The authors claim that benchmark tests show that the basic model built with BeforeIT is orders of magnitude faster than the original Matlab implementation, with performance comparable to highly optimized HPC implementations, which is expected to drive collaboration and innovation in the field of agent-based macroeconomic modeling.

AI-generated from reports · 23 hr agoUpdated

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26 Oct
  1. arXiv q-fin
    BeforeIT.jl: Easy-to-Use, High-Performance Open-Source Software for Macroeconomic Agent-Based Modeling

    An arXiv paper introduces the open-source software BeforeIT.jl, developed in Julia, for building and simulating macroeconomic agent-based models. Benchmark tests show that a basic model built with BeforeIT is orders of magnitude faster than the original Matlab implementation, with performance comparable to highly optimized HPC implementations.

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