Hartmann, Florian; Flaschel, Peter - In: Economies : open access journal 2 (2014) 1, pp. 1-19
A baseline integration of commercial banks into the disequilibrium framework with behavioral traders of Charpe et al. (2011, 2012) is presented. At the core of the analysis is the impact the banking sector exerts on the interaction of real and financial markets. Potentially destabilizing...