populated by boundedly rational heterogeneous traders in which the structure is represented by a network. Stability is found to …The behavior and stability of over-the-counter markets is of central concern to regulators. Little is known, however … presence of hubs, such as those found in scale free networks increases stability and decreases volatility whilst small …

populated by boundedly rational heterogeneous traders in which the structure is represented by a network. Stability is found to …The behavior and stability of over-the-counter markets is of central concern to regulators. Little is known, however … presence of hubs, such as those found in scale free networks increases stability and decreases volatility whilst small …

used for modeling average or steady-state behavior of complex stochastic systems.Recently, simulation-based methods have … equilibrium constraints.The convergence analysis of sample-path methods rely heavily on stability conditions.We first review …

This paper strengthens the Hopenhayn-Prescott stability theorem for monotone economies by extending it to a … significantly larger class of models. We provid general conditions for existence, uniqueness and stability of stationary … distributions. The conditions in our main result are both necessary and sufficient for global stability of monotone economies that …

with endogenous network formation and rational inattention and find that high-speed internet reduced information …

Brazilian exports to China by sector over the period 2001 to 2006. The simulation results provide an indication of the strength …

development with a guarantee of peace and stability within and across its neighbouring countries. In this connection, this …