Authors
Leonardo Bargigli, Mauro Gallegati, Luca Riccetti, Alberto Russo
Publication date
2014/3/1
Journal
Journal of Economic Behavior & Organization
Volume
99
Pages
109-125
Publisher
North-Holland
Description
In this paper we analyze the network structure that endogenously emerges in the credit market of the agent-based model of Riccetti et al. (2011), where two kinds of financial accelerators are at work: the “leverage accelerator” and the “network-based accelerator”. We focus on the properties of network topology and its interplay with the overall economic performance. Moreover, we empirically calibrate the banking network in the model by using Japanese real data.
Total citations
2014201520162017201820192020202120222023202411635532621
Scholar articles
L Bargigli, M Gallegati, L Riccetti, A Russo - Journal of Economic Behavior & Organization, 2014