Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multi-agentes

This paper aims to link the financial fragility of non-financial firms to the way they expect proceeds from their sales: this is then represented in an agent-based macroeconomic model. Using Schumpeter’s monetary analysis, the model is based upon the payment and debt network between agents as well a...

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Main Author: Rémi STELLIAN
Format: Article
Language:English
Published: Universidad Nacional de Colombia 2018-01-01
Series:Cuadernos de Economía
Subjects:
Online Access:https://revistas.unal.edu.co/index.php/ceconomia/article/view/58910
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author Rémi STELLIAN
author_facet Rémi STELLIAN
author_sort Rémi STELLIAN
collection DOAJ
description This paper aims to link the financial fragility of non-financial firms to the way they expect proceeds from their sales: this is then represented in an agent-based macroeconomic model. Using Schumpeter’s monetary analysis, the model is based upon the payment and debt network between agents as well as the resulting net cash balances. As part of the model’s artificial economy, firms suffer financial fragility in relation with the credits granted by a single bank. They then use different adaptive mechanisms from their expected proceeds. The model is a complex system, and we extract results through numerical simulations.
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spelling doaj.art-34c48f3d0644425c9e0ee67bb85484412022-12-22T01:19:37ZengUniversidad Nacional de ColombiaCuadernos de Economía0121-47722248-43372018-01-01377322525410.15446/cuad.econ.v37n73.5891047239Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multi-agentesRémi STELLIAN0Pontificia Universidad Javeriana (sede Bogotá) Facultad de Ciencias Económicas y AdministrativasThis paper aims to link the financial fragility of non-financial firms to the way they expect proceeds from their sales: this is then represented in an agent-based macroeconomic model. Using Schumpeter’s monetary analysis, the model is based upon the payment and debt network between agents as well as the resulting net cash balances. As part of the model’s artificial economy, firms suffer financial fragility in relation with the credits granted by a single bank. They then use different adaptive mechanisms from their expected proceeds. The model is a complex system, and we extract results through numerical simulations.https://revistas.unal.edu.co/index.php/ceconomia/article/view/58910Enfoque monetarioExpectativas de ingresosFragilidad financieraModelización macroeconómica multi-agentesSistemas complejos
spellingShingle Rémi STELLIAN
Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multi-agentes
Cuadernos de Economía
Enfoque monetario
Expectativas de ingresos
Fragilidad financiera
Modelización macroeconómica multi-agentes
Sistemas complejos
title Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multi-agentes
title_full Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multi-agentes
title_fullStr Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multi-agentes
title_full_unstemmed Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multi-agentes
title_short Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multi-agentes
title_sort fragilidad financiera empresarial y expectativas de ingresos evidencias de un modelo multi agentes
topic Enfoque monetario
Expectativas de ingresos
Fragilidad financiera
Modelización macroeconómica multi-agentes
Sistemas complejos
url https://revistas.unal.edu.co/index.php/ceconomia/article/view/58910
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