The paper presents an agent-based model to study the interaction between income inequality and prudential regulations in a macroeconomic framework characterized by …
C De Vos, LO Obokoh, BA Abiola - International Journal of Social …, 2020 - emerald.com
Purpose This paper examines the determinants of savings among low-income households, regarded as non-Ricardian households (NRHs), in South Africa. NRHs comprise low …
Social network analysis offers a powerful method for comprehending intricate systems created through agent-based computational models. Scholars contend that intricate agent …
We introduce a macroeconomic model with heterogeneous households and an aggregate banking sector in order to analyze the impact of rising income inequality under different …
S Chudziak - Journal of Economic Interaction and Coordination, 2024 - Springer
Agent-based computational economics has considerable achievements. However, it has gone too quickly into a direction similar to the one of models based on solely analytical—as …
C Gräbner-Radkowitsch, A Hornykewycz, B Schütz - 2022 - econstor.eu
We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption …
JL Breeden - Journal of Risk Management in Financial …, 2020 - ingentaconnect.com
Since the onset of the COVID-19 recession, loss forecasting and stress testing models have dramatically overpredicted losses. As all models are pattern recognisers trained on past …
L Bonaventura, M Lazzara - … Journal of Business and Social Science …, 2022 - ijbssrnet.com
Consumer over-indebtedness is a growing phenomenon in EU countries. Legislation addressing debt solutions for consumers does not have a long tradition in Italy. In 2012 Italy …
G Papadopoulos - University of Cyprus, Economics Research …, 2019 - papers.ssrn.com
The mechanism underlying banks' interest rate setting behaviour is an important element in the study of economic systems with important policy implications associated with the …