Visualitza Departament: Economia by font "Economics: The Open-Access, Open-Assessment E-Journal, 2014, vol. 8, núm. 2014-17"
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Housing Market Bubbles and Business Cycles in an Agent-Based Credit Economy
Dennis J. Snower (2013)In this paper the authors present an agent-based model of a credit network economy. The artificial economy includes different economic agents that interact using simple behavioral rules through various markets, i.e., the ... -
The Real Versus the Financial Economy: A Global Tale of Stability Versus Volatility
Dennis J. Snower (2014)The question how the real and the financial side of a capitalist economy relate to each other has been a frequently recurring topic in the history of economic thought. Our paper addresses this question from the viewpoint ...