Zobrazeno 1 - 7
of 7
pro vyhledávání: '"Matthias Lengnick"'
Publikováno v:
Economics: Journal Articles (2013)
Externí odkaz:
https://doaj.org/article/3cffafc5e98d4e2483678d832c7ce3e1
Publikováno v:
Economics: Journal Articles (2012)
Externí odkaz:
https://doaj.org/article/ec1468b77c1440dc9f7c62d3cb4105d0
Publikováno v:
Journal of Economic Dynamics and Control. 64:148-165
This paper relates to the literature on macro-finance-interaction models. We modify the boundedly rational New Keynesian model of De Grauwe (2010a) using a completely microfounded IS equation, and combine it with the agent-based financial market mode
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6ea913df2cb4157b4f9acefa04782b70
https://doi.org/10.1016/j.jedc.2016.01.003
https://doi.org/10.1016/j.jedc.2016.01.003
Publikováno v:
Quantitative Finance. 15:1917-1932
The Basel III accord reacts to the events of the recent financial crisis with a combination of revised micro- and new macroprudential regulatory instruments to address various dimensions of systemic risk. This approach of cumulating requirements bear
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c498e70e7d61e9e058a9a4f01f905a49
https://doi.org/10.1080/14697688.2014.999701
https://doi.org/10.1080/14697688.2014.999701
Publikováno v:
Economics : the Open-Access, Open-Assessment e-Journal (2013)
Economics : the Open-Access, Open-Assessment e-Journal (2012)
Economics : the Open-Access, Open-Assessment e-Journal (2012)
The authors develop a simple agent-based and stock flow consistent model of a monetary economy. Their model is well suited to explain money creation along the lines of mainstream theory. Additionally it uncovers a potential instability that follows f
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ff8b77fcce837af6d8bfd03c34bc6674
https://www.econstor.eu/bitstream/10419/67493/1/732552761.pdf
https://www.econstor.eu/bitstream/10419/67493/1/732552761.pdf
We combine a simple agent-based model of financial markets and a New Keynesian macroeconomic model with bounded rationality via two straightforward channels. The result is a macroeconomic model that allows for the endogenous development of business c
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::07bdc3a8b8fbce291b66c7e8e4860ed9
https://www.econstor.eu/bitstream/10419/49990/1/668908408.pdf
https://www.econstor.eu/bitstream/10419/49990/1/668908408.pdf
Autor:
Matthias Lengnick
This paper develops a baseline agent-based macroeconomic model and contrasts it with the common dynamic stochastic general equilibrium approach. Although simple, the model can reproduce a lot of the stylized facts of business cycles. The author argue
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e0520aed550c434318a3cd5148e3f186
https://www.econstor.eu/bitstream/10419/45012/1/654079951.pdf
https://www.econstor.eu/bitstream/10419/45012/1/654079951.pdf