On the Unsustainable Macroeconomy with Increasing Inequality of Firms Induced by Excessive Liquidity
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DOI: 10.3390/su11113075
Abstract: This research studies how excessive liquidity can trigger catastrophic economic crises in a stylized macroeconomic agent-based model (ABM). Previous studies showed the relevance of the income distribution to the economic crises, whereas we find, in… read more here.
Keywords: macroeconomy increasing; increasing inequality; unsustainable macroeconomy; inequality firms ... See more keywords