Macroprudential Policies in an Agent-Based Artificial Economy

Article, Preprint OPEN
Marco Raberto; Andrea Teglio; Silvano Cincotti;
  • Publisher: OFCE (Observatoire français des conjonctures économiques)
  • Journal: Revue de l'OFCE, volume N° 124, issue 5, pages 205-234
  • Identifiers: doi: 10.3917/reof.124.0205
  • Subject: Agent-Based Models and Simulation | Basel III | Macroprudential Regulation | basel III, macroprudential regulation, agent-based models and simulation

Basel III is a recently-agreed regulatory standard for bank capital adequacy with focus on the macroprudential dimension of banking regulation, i.e., the system- wide implications of banks’ lending and risk. An important Basel III provision is to reduce procyclicality o... View more
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