Institute for New Economic Thinking, Oxford

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• Santa Fe Institute @sfiscience.bsky.social30/10/2026 14:30

  Agent-Based Modeling: Worlds Within Worlds, a new interactive story from the Santa Fe Institute, chronicles the rise of ABMs in the social sciences, with a focus on SFI contributions. It draws on nearly 20 researchers, from economists to archaeologists, and has four models you can run yourself.

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• INET Complexity Economics@inet-complexity.bsky.social30/10/2026 14:30

  Fantastic history of ABMs from @sfiscience.bsky.social @doynefarmer.bsky.social @inetoxford.bsky.social

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• Zach Parolin@zparolin.bsky.social29/10/2026 16:37

  We'll be building on this work in the coming months to enhance our understanding of levels and trends and poverty in the EU. All comments are very welcome, either here or via email.

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• Zach Parolin@zparolin.bsky.social29/10/2026 16:37

  The EU-SPM tracks deprivation and subjective poverty much more closely, both across countries and within countries over time. The mean within-country correlation between the EU-SPM and deprivation is 0.55, against -0.04 for the AROP. Of 290 validation tests, the EU-SPM wins 168 and the AROP wins 8.

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• Zach Parolin@zparolin.bsky.social29/10/2026 16:37

  With Lewis Anderson, @sbeduk.bsky.social and Solhee Han, we create the poverty threshold for the EU-SPM based on typical spending on food, clothing, shelter and utilities in a given country-year. We then adjust for local housing costs given that, e.g., Milan is much more expensive than Palermo.

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