Publicado

2018-01-01

Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes

A company’s financial fragility and income expectations: evidence from a multi-agent model

Fragilidade financeira empresarial e expectativas de receitas: evidências de um modelo multi-agentes

DOI:

https://doi.org/10.15446/cuad.econ.v37n73.58910

Palabras clave:

enfoque monetario, expectativas de ingresos, fragilidad financiera, modelización macroeconómica multiagentes, sistemas complejos (es)
Agent-based macroeconomic modeling, complex systems, expected proceeds, financial fragility, monetary analysis (en)
abordagem monetário, expectativas de receitas, fragilidade financeira, modelização macroeconómica multi-agentes, sistemas complexos (pt)

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Autores/as

  • Rémi Stellian Pontificia Universidad Javeriana - Facultad de Ciencias Económicas y Administrativas
  • Jenny Paola Danna-Buitrago Fundación Universitaria Los Libertadores
  • David Andrés Londoño Bedoya Pontificia Universidad Javeriana - Facultad de Ciencias Económicas y Administrativas

Este artículo vincula la fragilidad financiera de las empresas no financieras a la forma en que estas estiman los ingresos generados por sus ventas, en el marco de un modelo macroeconómico multiagentes. Siguiendo el enfoque monetario à la Schumpeter, el modelo se construye alrededor de la red de pagos y deudas entre agentes, así como de los subsecuentes saldos. En la economía artificial del modelo, las empresas experimentan fragilidad financiera en relación con los créditos otorgados por un banco, y utilizan diversos mecanismos adaptativos de estimación de sus ventas. El modelo es un sistema complejo, y se extraen resultados mediante simulaciones numéricas.

This paper aims to link the financial fragility of non-financial firms to the way they expect proceeds from their sales: this is then represented in an agent-based macro-economic model. Using Schumpeter’s monetary analysis, the model is based upon the payment and debt network between agents as well as the resulting net cash balances. As part of the model’s artificial economy, firms suffer financial fragility in relation with the credits granted by a single bank. They then use different adaptive mechanisms from their expected proceeds. The model is a complex system, and we extract results through numerical simulations.

Este artigo vincula a fragilidade financeira das empresas não financeiras à forma em que elas determinam as receitas geradas por suas vendas, no marco de um modelo macroeconômico multi-agentes. Seguindo a abordagem monetária à Schumpeter, o modelo se constrói arredor da rede de pagamentos e dívidas entre agentes, assim como dos decorrentes saldos. Na economia artificial do modelo, as empresas experimentam fragilidade financeira em relação com os créditos outorgados pelo banco, e utilizam diversos mecanismos adaptativos de cálculo de suas vendas. O modelo é um sistema complexo, e são obtidos resultados mediante simulações numéricas.

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Cómo citar

APA

Stellian, R., Danna-Buitrago, J. P. y Londoño Bedoya, D. A. (2018). Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes. Cuadernos de Economía, 37(73), 225–254. https://doi.org/10.15446/cuad.econ.v37n73.58910

ACM

[1]
Stellian, R., Danna-Buitrago, J.P. y Londoño Bedoya, D.A. 2018. Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes. Cuadernos de Economía. 37, 73 (ene. 2018), 225–254. DOI:https://doi.org/10.15446/cuad.econ.v37n73.58910.

ACS

(1)
Stellian, R.; Danna-Buitrago, J. P.; Londoño Bedoya, D. A. Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes. Cuadernos 2018, 37, 225-254.

ABNT

STELLIAN, R.; DANNA-BUITRAGO, J. P.; LONDOÑO BEDOYA, D. A. Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes. Cuadernos de Economía, [S. l.], v. 37, n. 73, p. 225–254, 2018. DOI: 10.15446/cuad.econ.v37n73.58910. Disponível em: https://revistas.unal.edu.co/index.php/ceconomia/article/view/58910. Acesso em: 28 mar. 2024.

Chicago

Stellian, Rémi, Jenny Paola Danna-Buitrago, y David Andrés Londoño Bedoya. 2018. «Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes». Cuadernos De Economía 37 (73):225-54. https://doi.org/10.15446/cuad.econ.v37n73.58910.

Harvard

Stellian, R., Danna-Buitrago, J. P. y Londoño Bedoya, D. A. (2018) «Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes», Cuadernos de Economía, 37(73), pp. 225–254. doi: 10.15446/cuad.econ.v37n73.58910.

IEEE

[1]
R. Stellian, J. P. Danna-Buitrago, y D. A. Londoño Bedoya, «Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes», Cuadernos, vol. 37, n.º 73, pp. 225–254, ene. 2018.

MLA

Stellian, R., J. P. Danna-Buitrago, y D. A. Londoño Bedoya. «Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes». Cuadernos de Economía, vol. 37, n.º 73, enero de 2018, pp. 225-54, doi:10.15446/cuad.econ.v37n73.58910.

Turabian

Stellian, Rémi, Jenny Paola Danna-Buitrago, y David Andrés Londoño Bedoya. «Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes». Cuadernos de Economía 37, no. 73 (enero 1, 2018): 225–254. Accedido marzo 28, 2024. https://revistas.unal.edu.co/index.php/ceconomia/article/view/58910.

Vancouver

1.
Stellian R, Danna-Buitrago JP, Londoño Bedoya DA. Fragilidad financiera empresarial y expectativas de ingresos: evidencias de un modelo multiagentes. Cuadernos [Internet]. 1 de enero de 2018 [citado 28 de marzo de 2024];37(73):225-54. Disponible en: https://revistas.unal.edu.co/index.php/ceconomia/article/view/58910

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