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Financialisation and Crisis in an Agent Based Macroeconomomic Model

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Figure 1: Sensitivity analysis on the impact of the parameter δ¯ – from 0 to 0.45 with step 0.05– on (i) dividend amount on GDP, (ii) dividend percentage on firms net profits, (iii) dividendpercentage on banks net profits, (iv) unemployment rate, (v) unemployment volatility, (vi)firms (indicated by a “o”) and banks (“x”) default rate, (vii) firms and banks profits, (viii)firms and banks assets, (ix) firms leverage and banks exposure, (x) credit mismatch, (xi) wageshare, (xii) inflation rate.
Table 1: Sensitivity analysis for parameter δ¯ from 0 to 0.45: 100 simulations for each value,time span 101-150.
Table 2: Maximum unemployment for different values of δ¯: 100 simulations for each value,

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