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Boom Bust Group

A quantitative investment firm built by scientists and engineers

"We trade global markets through precision, speed, and deep data insights."


(Feel free to visit our website → boombustgroup.com)


Complexity Economics Research

complexity-econ

A stock-flow consistent agent-based model (SFC-ABM) with 10,000 heterogeneous firms and 100,000 individual households across 6 sectors, calibrated to the Polish economy (GUS 2024). Six papers and 41,800+ Monte Carlo simulations exploring how universal basic income, monetary regimes, network topology, and household heterogeneity interact to produce phase transitions in automation adoption.

Phase diagram: PLN vs EUR adoption heatmaps

Phase diagram of AI adoption. Left: PLN regime shows reentrant transition — adoption peaks at BDP ~500 PLN then declines as inflation triggers NBP rate hikes. Right: EUR + SGP constraint confines adoption to a narrow island (BDP 1000–3000, low σ).

Published Papers

# Title Sims DOI
1 The Acceleration Paradox 6,300 DOI PDF
2 PLN vs EUR with SGP Constraint 1,260 DOI PDF
3 Empirical CES σ Estimation 120 DOI PDF
4 Phase Diagram & Universality 18,540 DOI PDF
5 Endogenous Technology & Network Dynamics 10,080 DOI PDF
6 Heterogeneous Households & Limits of UBI 1,500 pending PDF

Engine: core — reusable Scala 3 SFC-ABM engine

Key Findings

  • Acceleration paradox — moderate UBI causes automation rather than responding to it; bimodal adoption at the critical point (Hartigan dip p = 1.7 × 10-5)
  • Monetary sovereignty matters — PLN float permits the transition; EUR + Stability & Growth Pact kills it (SGP caps effective UBI at ~10 PLN by month 120)
  • σ calibration doesn't — 5–9× change in CES elasticity shifts adoption by only 1.5 pp; monetary regime dominates (Δ 6 pp)
  • Topology universality — BDPc = 500 PLN across all four network topologies (WS, ER, BA, lattice); mean-field critical exponent γ ≈ 1.0
  • Endogenization preserves universality — Arthur-style learning + preferential rewiring keep the reentrant shape; BDPc shifts by at most 250 PLN
  • Aggregate metrics mask destruction — BDPc = 500 appears as a "sweet spot" in aggregates but is the point of peak bankruptcy (17.3%), peak poverty (45%), and peak income Gini (0.50) at the household level
  • Scarring catch-22 — unemployment erodes skills and health, making retraining least effective for those who need it most — even doubled intensity yields only 18% success
Animated bifurcation: PLN reentrant peak vs EUR SGP constraint

Bifurcation dynamics. PLN regime (left) exhibits a reentrant peak — adoption rises then falls as fiscal stimulus triggers monetary tightening. EUR regime (right) is capped by Maastricht fiscal rules.


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