Alexandre, Michel; Lima, Gilberto Tadeu - In: Economia : revista da ANPEC 21 (2020) 2, pp. 130-144
This paper explores the effects of trade credit by assessing its macroeconomic impacts on several dimensions. To that end, we develop an agent-based model (ABM) with two types of firms: downstream firms, which produce a final good for consumption purposes using intermediate goods, and upstream...