On the interaction between real economy and financial markets

Francesca Grassetti, Cristiana Mammana and Elisabetta Michetti

MPRA Paper from University Library of Munich, Germany

Abstract: We introduce a dynamical model describing the interaction between a three-sectors real economy and a financial market with four assets. Investors and financial mediators have heterogeneous beliefs. The model may be used to investigate interdependence within economic fluctuations and assets volatility.

Keywords: Asset Pricing; Economic Growth; Dynamic Analysis; General Equilibrium Model. (search for similar items in EconPapers)
JEL-codes: C3 C6 C61 E1 E10 G1 (search for similar items in EconPapers)
Date: 2019-01-01
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/91975/1/MPRA_paper_91975.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91975

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().