A normative approach to the stability of interbank and banks-firms systems by means of a multi-agent model

Mastrangeli G (2014)
Bielefeld: Universitätsbibliothek Bielefeld.

Download
OA
Bielefeld Dissertation | English
Abstract
The work is a normative approach towards the financial stability of a society comprising banks, firms, and a central bank (research field: macroeconomics/financial stability). I propose new rules that will endogenously emerge from the analysis to decrease the financial instability of the system. This institution (the central bank) decreases the average instability of the economic system by using the newly proposed rules that regularize the interbank market connections, the interest rate, the minimum reserve factor for the banks, among others. To find and test the new proposed regulations I have implemented a dynamical model by means of a multi-agent system, where an economic model (banks and firms that interact with each other) is simulated and optimized. A statistical analysis of the results is presented. A stress test and a comparison of these results with respect to the real-life properties of interbank markets are proposed.
Year
PUB-ID

Cite this

Mastrangeli G. A normative approach to the stability of interbank and banks-firms systems by means of a multi-agent model. Bielefeld: Universitätsbibliothek Bielefeld; 2014.
Mastrangeli, G. (2014). A normative approach to the stability of interbank and banks-firms systems by means of a multi-agent model. Bielefeld: Universitätsbibliothek Bielefeld.
Mastrangeli, G. (2014). A normative approach to the stability of interbank and banks-firms systems by means of a multi-agent model. Bielefeld: Universitätsbibliothek Bielefeld.
Mastrangeli, G., 2014. A normative approach to the stability of interbank and banks-firms systems by means of a multi-agent model, Bielefeld: Universitätsbibliothek Bielefeld.
G. Mastrangeli, A normative approach to the stability of interbank and banks-firms systems by means of a multi-agent model, Bielefeld: Universitätsbibliothek Bielefeld, 2014.
Mastrangeli, G.: A normative approach to the stability of interbank and banks-firms systems by means of a multi-agent model. Universitätsbibliothek Bielefeld, Bielefeld (2014).
Mastrangeli, Giuseppe. A normative approach to the stability of interbank and banks-firms systems by means of a multi-agent model. Bielefeld: Universitätsbibliothek Bielefeld, 2014.
Main File(s)
Access Level
OA Open Access
Last Uploaded
2015-01-13 10:57:34

Supplementary Material
File Title
Code_PhD_Mastrangeli
Description
Anhang
Access Level
OA Open Access
Last Uploaded
2015-01-23 15:48:03
This data publication is cited in the following publications:
This publication cites the following data publications:

Export

0 Marked Publications

Open Data PUB

Search this title in

Google Scholar