no code implementations • 31 Jan 2022 • Carlo Campajola, Marco D'Errico, Claudio J. Tessone
We propose a novel framework to analyse the velocity of money in terms of the contribution (MicroVelocity) of each individual agent, and to uncover the distributional determinants of aggregate velocity.
1 code implementation • 16 Jun 2016 • Paolo Barucca, Marco Bardoscia, Fabio Caccioli, Marco D'Errico, Gabriele Visentin, Guido Caldarelli, Stefano Battiston
We introduce a general model for the balance-sheet consistent valuation of interbank claims within an interconnected financial system.