Working Paper n°2018-11 – Heterogeneity, distribution and financial fragility of non-financial firms: an agent-based stock-flow consistent (AB-SFC) model – Italo Pedrosa (Federal University of Rio de Janeiro) et Dany Lang (CEPN)
In Minsky’s Financial Instability Hypothesis (FIH), financial fragility of non-financial firms tends to increase endogenously over the cycle along with […]




