Delli Gatti, Domenico; Gallegati, Mauro; Greenwald, Bruce; … - In: Physica A: Statistical Mechanics and its Applications 370 (2006) 1, pp. 68-74
We model a network economy with three sectors: downstream firms, upstream firms, and banks. Agents are linked by productive and credit relationships so that the behavior of one agent influences the behavior of the others through network connections. Credit interlinkages among agents are a source...