The financial accelerator in an evolving credit network

We model a credit network characterized by credit relationships connecting (i) downstream (D) and upstream (U) firms and (ii) firms and banks. The net worth of D firms is the driver of fluctuations. The production of D firms and of their suppliers (U firms) in fact, is constrained by the availabilit...

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Bibliographic details
Volume: 34
Main Author: Delli Gatti, Domenico
Gallegati, Mauro
Greenwald, Bruce
Russo, Alberto
Stiglitz, Joseph E
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Elsevier B.V 2010
Elsevier
Columbia University
published in: Journal of economic dynamics & control Vol. 34; no. 9; pp. 1627 - 1650
Data of publication: 2010
ISSN: 0165-1889
1879-1743
EISSN: 1879-1743
Discipline: Economics
Series: Journal of Economic Dynamics and Control
Subjects:
D85
C63
E32
Online Access: available in Bonn?
Database: RePEc
RePEc IDEAS
CrossRef
Academic OneFile (A&I only)
OpenAIRE
Database information Databases - DBIS