In this paper we present a macroeconomic microfounded framework with heterogeneous agents -- households, firms, banks -- which interact through a decentralized matching process presenting common features across four markets -- goods, labor, credit and deposit. We study the dynamics of the model...

The aim of this paper is to investigate the relationship between increasing inequality and financial fragility in an agent based macroeconomic model. We analyse the effects of a non-linear relationship between wealth and consumption on the evolution of the economic system. Preliminary results...