Interactions between the Real Economy and the Stock Market: A Simple Agent-Based Approach
We develop a simple behavioral macromodel to study interactions between the real economy and the stock market. The real economy is represented by a Keynesian-type goods market approach while the setup for the stock market includes heterogeneous speculators. Using a mixture of analytical and numerica...
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Format: | Article |
Language: | English |
Published: |
Hindawi Limited
2012-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2012/504840 |