Search for profits and business fluctuations: how does banks' behaviour explain cycles?

DOI10.1016/J.JEDC.2021.104292MaRDI QIDQ2115960zbMATH OpenOpenAlexFDO

Authors Emanuele Ciola, Edoardo Gaffeo, Mauro Gallegati

Publication date 15 March 2022

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2021.104292

zbMATH Keywords

business cyclessimulation-based estimationagent-based macroeconomicsintermediaries behaviour

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Recommendations

• FINANCIAL FRAGILITY, INDUSTRIAL DYNAMICS, AND BUSINESS FLUCTUATIONS IN AN AGENT-BASED MODEL
• Credit search and credit cycles
• Business fluctuations in a behavioral switching model: gridlock effects and credit crunch phenomena in financial networks
• An evolutionary model of endogenous business cycles
• Bank Credit Cycles

Cites work

• A Contribution to the Empirics of Economic Growth
• A Model of Growth Through Creative Destruction
• A calibration procedure for analyzing stock price dynamics in an agent-based framework
• A comparison of economic agent-based model calibration methods
• A global optimization heuristic for estimating agent based models
• Advances in metaheuristic algorithms for optimal design of structures
• An adaptive Metropolis algorithm
• Bayesian estimation of agent-based models
• Coordinating Coordination Failures in Keynesian Models
• Equation of state calculations by fast computing machines
• Estimation of ergodic agent-based models by simulated minimum distance
• Handbook of computational economics. Vol. 2: Agent-based computational economics
• Income distribution, credit and fiscal policies in an agent-based Keynesian model
• Leveraged network-based financial accelerator
• MATCHING, BARGAINING, AND WAGE SETTING IN AN EVOLUTIONARY MODEL OF LABOR MARKET AND OUTPUT DYNAMICS
• Monte Carlo sampling methods using Markov chains and their applications
• Optimal scaling for various Metropolis-Hastings algorithms.
• Pairwise Credit in Search Equilibrium
• Structural stochastic volatility in asset pricing dynamics: estimation and model contest
• The financial accelerator in an evolving credit network

Cited in

(2)

• Technology shocks and trade in a network how business cycles emerge from the interaction of autonomous agents
• Enter the MATRIX model:a multi-agent model for transition risks with application to energy shocks

This page was built for publication: Search for profits and business fluctuations: how does banks' behaviour explain cycles?

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2115960)