Erlingsson, Einar Jon; Teglio, Andrea; Cincotti, Silvano; … - In: Economics: The Open-Access, Open-Assessment E-Journal 8 (2014) 2014-8, pp. 1-42
This paper investigates the housing and mortgage markets by means of an agent-based macroeconomic model of a credit network economy. A set of computational experiments have been carried out in order to explore the effects of different households' creditworthiness conditions required by banks in...