Jamel is designed as a virtual laboratory, in which the user can define the conditions of an economic experience, through describing the initial conditions of the studied economy (number and type of agents, behavior parameters), eventually completed by the introduction of 'exogenous' shocks at given date.
Jamel follows in 'in real time' the effects of these shocks on the system behavior, observing the main macroeconomics indicators (income distribution, unemployment, inflation, money velocity, inventory levels, capacity utilization, bankruptcies...).
It has pre-made simulations of the following scenarios:
1) Simulating a productivity shock
2) Simulating an expenditure shock
3) Simulating a more flexible labor market
4) Simulating the introduction of a minimum wage in a deflationist context
5) Simulating a credit bubble
http://p.seppecher.free.fr/jamel/
