Browsing Departament: Economia by Keyword "Subprime lending"
Now showing items 1-1 of 1
-
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 ...