In this paper we present a macroeconomic microfounded framework with heterogeneous agents – households, firms, banks – which interact through a decentralized matching process presenting common features across four markets – goods, labor, credit and deposit. We study the dynamics of the...

Development of methodology for deriving the monthly unemployment statistics directly from the quarterly Labour Force Survey (LFS) results by econometric modeling meets the requirements of insuring the information on short-term needed for employment policies, aiming to achieve the objectives of...

The importance of research in this area is that modern economies seek new value, while the time incorporates a significant economic value. The interest to investigate time use has increased in recent decades, refocusing research programs of economic science towards a new horizon of knowledge...

In the recession period, population spent their time differently by an economic development one. In our view, the economic crisis has a major negative impact on the working time. On the basis of data provided by two statistical surveys (Time Use Survey and Labour Force Survey), the paper will...

Starting from the agent-based decentralized matching macroeconomic model proposed in Riccetti et al. (2012), we explore the effects of banking regulation on macroeconomic dynamics. In particular, we study the overall credit exposure and the lending concentration towards a single counterparty,...