Mauro Gallegati

Polytechnic University of Marche - Faculty of Economics

Piazzale Martelli, 8

60121 Ancona

Italy

SCHOLARLY PAPERS

43

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6,694

TOTAL CITATIONS
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SSRN RANKINGS

Top 5,725

in Total Papers Citations

221

Scholarly Papers (43)

1.

Agent Based-Stock Flow Consistent Macroeconomics: Towards a Benchmark Model

Columbia Business School Research Paper No. 15-87
Number of pages: 39 Posted: 23 Sep 2015 Last Revised: 26 Jun 2017
University of Pavia - Faculty of Economics, Agence Française de Développement (AFD)Centre d'économie de l'Université de Paris Nord (CEPN), Department of Economic and Social Sciences, Marche Polytechnic University, Ancona, Polytechnic University of Marche - Faculty of Economics, University of Limerick and Columbia University - Columbia Business School, Finance
Downloads 1,827 (20,222)
Citation 45

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Agent Based Macroeconomics, Stock Flow Consistent Models, Business Cycles, Crisis

2.

The Effects of Fiscal Targets in a Currency Union: A Multi-Country Agent Based-Stock Flow Consistent Model

Number of pages: 38 Posted: 25 Jan 2017
Alessandro Caiani, Ermanno Catullo and Mauro Gallegati
University of Pavia - Faculty of Economics, Polytechnic University of Marche and Polytechnic University of Marche - Faculty of Economics
Downloads 373 (170,945)
Citation 5

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Agent Based Macroeconomics, Stock Flow Consistent Models, European Integration, Fiscal Policy

3.

The Inequality Multiplier

Columbia Business School Research Paper No. 16-29
Number of pages: 28 Posted: 19 Apr 2016
Mauro Gallegati, Simone Landini and Joseph E. Stiglitz
Polytechnic University of Marche - Faculty of Economics, IRES Piemonte, Socio-Economic Research Institute of Piedmont and Columbia University - Columbia Business School, Finance
Downloads 304 (213,430)
Citation 5

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Income multiplier, Income distribution, Lorenz curve asymmetry, Inequality

4.

Does Inequality Hamper Innovation and Growth?

Number of pages: 39 Posted: 08 Jun 2016 Last Revised: 23 Feb 2017
Alessandro Caiani, Alberto Russo and Mauro Gallegati
University of Pavia - Faculty of Economics, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics
Downloads 278 (235,266)
Citation 16

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Innovation, Inequality, Agent Based Macroeconomics, Stock Flow Consistent Models

5.

Towards an Analytical Solution for Agent Based Models: An Application to a Credit Network Economy

Number of pages: 66 Posted: 23 Mar 2012
University of Technology Sydney (UTS) - UTS Business School, Polytechnic University of Marche - Faculty of Economics, IRES Piemonte, Socio-Economic Research Institute of Piedmont and Columbia University - Columbia Business School, Finance
Downloads 243 (268,488)
Citation 8

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heterogeneity, financial fragility, master equation, interaction, dynamic aggregation

6.

An Agent-Based Decentralized Matching Macroeconomic Model

Number of pages: 24 Posted: 20 Oct 2012
Luca Riccetti, Alberto Russo and Mauro Gallegati
Università degli Studi di Macerata, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics
Downloads 230 (283,299)
Citation 29

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agent-based macroeconomics, business cycle, crisis, unemployment, leverage

7.

A Calibration Procedure for Analyzing Stock Price Dynamics in an Agent-Based Framework

Number of pages: 41 Posted: 28 Sep 2013 Last Revised: 07 Jul 2014
Polytechnic University of Marche - Department of Management, Polytechnic University of Marche - Faculty of Economics and Polytechnic University of Marche - Faculty of Economics
Downloads 218 (298,236)
Citation 5

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Calibration, Validation, Forecasting, Agent-based models, Asset pricing, Heterogeneous beliefs

8.

A New Model of Income Distribution: The K-Generalized Distribution

Journal of Economics, Vol. 105, No. 1, 2012
Number of pages: 20 Posted: 20 Oct 2008 Last Revised: 10 Jan 2012
Fabio Clementi, Mauro Gallegati and Giorgio Kaniadakis
Università degli studi di Macerata, Polytechnic University of Marche - Faculty of Economics and Polytecnico di Torino
Downloads 197 (327,974)
Citation 1

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C16, D31

9.

Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk

NBER Working Paper No. w15611
Number of pages: 29 Posted: 11 Jan 2010 Last Revised: 27 Feb 2022
University of Zurich - Department Finance, Catholic University of Milan, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia University - Columbia Business School, Finance
Downloads 178 (359,847)
Citation 34

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10.

Common Components in Firms' Growth and the Sectors Scaling Puzzle

Number of pages: 7 Posted: 25 Sep 2007
Robert Axtell, Mauro Gallegati and Antonio Palestrini
George Mason University - Department of Computational Social Science, Polytechnic University of Marche - Faculty of Economics and University of Teramo
Downloads 178 (359,847)
Citation 2

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Firms' size, common components, Kesten's process

11.

The Dynamic of Innovation Networks: A Switching Model on Technological Change

Number of pages: 23 Posted: 13 Oct 2012
Mauro Gallegati, Gabriele Tedeschi and Stefania Vitali
Polytechnic University of Marche - Faculty of Economics, Polytechnic University of Marche - Faculty of Economics and Università Politecnica delle Marche - Faculty of Economics
Downloads 162 (390,667)
Citation 1

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Innovation Network, Preferential Attachment, Fiscal Policy

Financial Fragility and Distress Propagation in a Network of Regions

Number of pages: 35 Posted: 29 Sep 2012
Stefania Vitali, Stefano Battiston and Mauro Gallegati
Università Politecnica delle Marche - Faculty of Economics, University of Zurich - Department Finance and Polytechnic University of Marche - Faculty of Economics
Downloads 101 (570,993)

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Networks, Financial Fragility, Contagion, Business Fluctuations, Bankruptcy, Financial Acceleration

Financial Fragility and Distress Propagation in a Network of Regions

ETH Risk Center – Working Paper No. 12-016
Number of pages: 37 Posted: 21 Dec 2012
Stefania Vitali, Stefano Battiston and Mauro Gallegati
Università Politecnica delle Marche - Faculty of Economics, University of Zurich - Department Finance and Polytechnic University of Marche - Faculty of Economics
Downloads 61 (771,797)
Citation 2

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Networks, Financial Fragility, Contagion, Business Fluctuations, Bankruptcy, Financial Acceleration

13.

A Big Mac Test of Price Dynamics and Dispersion Across Euro Area

Economics Bulletin, Vol. 30, No. 3, 2010
Number of pages: 14 Posted: 15 Jan 2010 Last Revised: 09 Apr 2011
Fabio Clementi, Mauro Gallegati and Antonio Palestrini
Università degli studi di Macerata, Polytechnic University of Marche - Faculty of Economics and University of Teramo
Downloads 157 (401,245)

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Euro, inflation, price dispersion, Big Mac

14.

Key Sectors in Input-Output Production Networks: An Application to Brexit

Number of pages: 39 Posted: 08 Mar 2019
Mauro Gallegati, Raffaele Giammetti and Alberto Russo
Polytechnic University of Marche - Faculty of Economics, Polytechnic University of Marche - Department of Economics and Social Sciences and Università Politecnica delle Marche, Ancona - Department of Management
Downloads 138 (445,709)

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Brexit, trade barriers, tariffs, key sector, centrality measures, input-output analysis, production networks, value chains

15.

A Model of Personal Income Distribution with Application to Italian Data

Empirical Economics, Vol. 39, No. 2, 2010
Number of pages: 24 Posted: 31 Aug 2008 Last Revised: 09 Apr 2011
Fabio Clementi, Mauro Gallegati and Giorgio Kaniadakis
Università degli studi di Macerata, Polytechnic University of Marche - Faculty of Economics and Polytecnico di Torino
Downloads 136 (450,958)

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income distribution, income inequality, k-generalized distribution

16.

Do Firms Share the Same Functional Form of Their Growth Rate Distribution? A Statistical Test

Number of pages: 51 Posted: 18 Mar 2011 Last Revised: 23 Nov 2013
Universidade Estadual de Ponta Grossa - Departamento de Matematica e Estatistica, University of Palermo - Department of Physics and Chemistry, Università di Bologna, University of Palermo and Polytechnic University of Marche - Faculty of Economics
Downloads 135 (453,552)
Citation 2

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17.

The Effects of Alternative Wage Regimes in a Monetary Union: A Multi-Country Agent Based-Stock Flow Consistent Model

Number of pages: 34 Posted: 16 Feb 2018
Alessandro Caiani, Ermanno Catullo and Mauro Gallegati
University of Pavia - Faculty of Economics, Polytechnic University of Marche and Polytechnic University of Marche - Faculty of Economics
Downloads 134 (456,364)
Citation 2

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Agent Based Macroeconomics, Stock Flow Consistent Models, European Integration, Wages, Trade Imbalances

18.

Default Cascades: When Does Risk Diversification Increase Stability?

ETH Risk Center Working Paper No. 11-006
Number of pages: 30 Posted: 21 Dec 2012
University of Zurich - Department Finance, Catholic University of Milan, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia University - Columbia Business School, Finance
Downloads 132 (464,847)
Citation 34

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Systemic risk, Network models, Contagion, Financial acceleration, Financial crises

19.

Financial Fragility, Mean-Field Interaction and Macroeconomic Dynamics: A Stochastic Model

Number of pages: 30 Posted: 27 Aug 2008
Corrado Di Guilmi, Mauro Gallegati and Simone Landini
University of Technology Sydney (UTS) - UTS Business School, Polytechnic University of Marche - Faculty of Economics and IRES Piemonte, Socio-Economic Research Institute of Piedmont
Downloads 130 (467,685)
Citation 4

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business cycles, heterogeneity, financial fragility, stochastic aggregation

20.

Adaptive Agents May Be Smarter than You Think: Unbiasedness in Adaptive Expectations

CESifo Working Paper No. 9205
Number of pages: 52 Posted: 02 Aug 2021
Polytechnic University of Marche, Polytechnic University of Marche - Faculty of Economics, Catholic University of Milan and National Bureau of Economic Research (NBER)
Downloads 119 (501,026)

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21.

Towards a Credit Network Based Early Warning Indicator for Crises

Number of pages: 27 Posted: 27 Mar 2014
Ermanno Catullo, Mauro Gallegati and Antonio Palestrini
Polytechnic University of Marche, Polytechnic University of Marche - Faculty of Economics and Polytechnic University of Marche
Downloads 114 (517,516)
Citation 2

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economic crisis, credit network, leverage, heterogeneity, agent based model

22.

Bank-Firm Credit Network in Japan. An Analysis of a Bipartite Network

Number of pages: 9 Posted: 22 Jul 2014
University of Palermo, University of Palermo - Department of Physics and Chemistry, University of Hyogo - Graduate School of Information Science, Niigata University, RIKEN iTHEMS, Polytechnic University of Marche - Faculty of Economics and University of Palermo
Downloads 111 (528,092)
Citation 8

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Credit market, Networked market, Financial networks, Bipartite networks

23.

Early Warning Indicators and Macro-Prudential Policies: A Credit Network Agent Based Model

Number of pages: 34 Posted: 10 Jun 2017
Polytechnic University of Marche, Polytechnic University of Marche - Department of Management, Polytechnic University of Marche and Polytechnic University of Marche - Faculty of Economics
Downloads 104 (554,068)
Citation 1

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economic crisis, credit network, leverage, heterogeneity, agent based model

24.

Increasing Inequality and Financial Fragility in an Agent Based Macroeconomic Model

Number of pages: 18 Posted: 19 Nov 2013
Alberto Russo, Luca Riccetti and Mauro Gallegati
Università Politecnica delle Marche, Ancona - Department of Management, Università degli Studi di Macerata and Polytechnic University of Marche - Faculty of Economics
Downloads 100 (569,911)
Citation 9

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agent-based model, business cycle, inequality, crisis

25.

Modeling Maximum Entropy and Mean-Field Interaction in Macroeconomics

Economics Discussion Paper No. 2008-36
Number of pages: 19 Posted: 18 Dec 2010
Corrado Di Guilmi, Mauro Gallegati and Simone Landini
Universita' Politecnica delle Marche, Ancona - Department of Economics, Polytechnic University of Marche - Faculty of Economics and IRES Piemonte, Socio-Economic Research Institute of Piedmont
Downloads 83 (640,456)
Citation 2

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Business cycles, heterogeneity, financial fragility, stochastic aggregation

26.

Necessary Condition for Rationality and Adaptive Expectations Schemes

Number of pages: 7 Posted: 26 Feb 2014
Mauro Gallegati and Antonio Palestrini
Polytechnic University of Marche - Faculty of Economics and Polytechnic University of Marche
Downloads 76 (673,615)

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Adaptive expectations, non-stationary variables

27.

Firm-Bank Credit Network, Business Cycle and Macroprudential Policy

Number of pages: 29 Posted: 09 Apr 2020 Last Revised: 31 Dec 2024
Luca Riccetti, Alberto Russo and Mauro Gallegati
Università degli Studi di Macerata, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics
Downloads 72 (694,075)

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Agent-based modeling, credit network, business cycle, financial regulation, macroprudential policy.

28.

Financially Constrained Fluctuations in an Evolving Network Economy

NBER Working Paper No. w14112
Number of pages: 34 Posted: 22 Jun 2008 Last Revised: 23 Jan 2022
Catholic University of Milan, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER), Università Politecnica delle Marche, Ancona - Department of Management and Columbia University - Columbia Business School, Finance
Downloads 72 (694,075)

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29.

Bankruptcy Cascades in Interbank Markets

Tedeschi G, Mazloumian A, Gallegati M, Helbing D (2012) Bankruptcy Cascades in Interbank Markets. PLoS ONE 7(12): e52749. doi:10.1371/journal.pone.0052749
Number of pages: 10 Posted: 05 May 2014
Polytechnic University of Marche - Faculty of Economics, ETH Zürich, Polytechnic University of Marche - Faculty of Economics and ETH Zürich - Department of Humanities, Social and Political Sciences (GESS)
Downloads 68 (715,885)

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credit network, bankruptcy, cascade effect, interbank market

30.

Net Worth, Exchange Rates, and Monetary Policy: The Effects of a Devaluation in a Financially Fragile Environment

NBER Working Paper No. w13244
Number of pages: 37 Posted: 09 Jul 2007 Last Revised: 10 Sep 2022
Catholic University of Milan, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia University - Columbia Business School, Finance
Downloads 67 (721,466)

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31.

Matching Frictions, Credit Reallocation and Macroeconomic Activity: How Harmful are Financial Crises?

Number of pages: 38 Posted: 28 Feb 2018
Emanuele Ciola, Edoardo Gaffeo and Mauro Gallegati
Fondazione Eni Enrico Mattei (FEEM), Milan, University of Trento - Department of Economics and Management and Polytechnic University of Marche - Faculty of Economics
Downloads 61 (757,521)

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Agent-based model, matching frictions, banking, financial crises

32.

Are Higher Wages Good for Business? An Assessment Under Alternative Innovation and Investment Scenarios

Number of pages: 24 Posted: 28 Jul 2017
Alessandro Caiani, Alberto Russo and Mauro Gallegati
University of Pavia - Faculty of Economics, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics
Downloads 59 (770,307)
Citation 2

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33.

A Generalized Statistical Model for the Size Distribution of Wealth

J. Stat. Mech. (2012) P12006
Number of pages: 23 Posted: 22 Sep 2012 Last Revised: 06 Dec 2012
Fabio Clementi, Mauro Gallegati and Giorgio Kaniadakis
Università degli studi di Macerata, Polytechnic University of Marche - Faculty of Economics and Polytecnico di Torino
Downloads 59 (770,307)
Citation 1

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k-generalized statistics, wealth distribution, finite mixture models

34.

Search for Profits and Business Fluctuations: How Banks' Behaviour Explain Cycles?

Number of pages: 33 Posted: 25 Aug 2020
Emanuele Ciola, Edoardo Gaffeo and Mauro Gallegati
Fondazione Eni Enrico Mattei (FEEM), Milan, University of Trento - Department of Economics and Management and Polytechnic University of Marche - Faculty of Economics
Downloads 58 (776,849)

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Agent-Based Macroeconomics, Simulation-Based Estimation, Intermediaries Behavior, Business Cycles

35.

Stock-Flow Dynamic Projection

Number of pages: 17 Posted: 12 Feb 2015
Mauro Gallegati and Xi Hao Li
Polytechnic University of Marche - Faculty of Economics and Canadian Imperial Bank of Commerce
Downloads 58 (776,849)

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economic forecasting, dynamic projection, multi-level dynamical system, transition matrix

36.

Backbone of Credit Relationships in the Japanese Credit Market

Number of pages: 14 Posted: 22 Nov 2015
University of Palermo, University of Palermo - Department of Physics and Chemistry, University of Hyogo - Graduate School of Information Science, Niigata University, RIKEN iTHEMS, Polytechnic University of Marche - Faculty of Economics and University of Palermo
Downloads 56 (790,436)
Citation 1

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Complex networks, Information filtering, Statistically validated networks, Credit market

37.

Sectoral Imbalance in Two-Sector Economy with Mobility Constraint and Firm Migration

Number of pages: 17 Posted: 31 Jul 2015 Last Revised: 07 Aug 2015
Xi Hao Li and Mauro Gallegati
Canadian Imperial Bank of Commerce and Polytechnic University of Marche - Faculty of Economics
Downloads 45 (875,227)

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two-sector model, agent-based economic modeling, productivity growth, sectoral imbalance, economic downturn, mobility constraint

38.

Monetary Policy and Large Crises in a Financial Accelerator Agent-Based Model

Posted: 06 Apr 2016
Federico Giri, Luca Riccetti, Alberto Russo and Mauro Gallegati
Polytechnic University of Marche, Università degli Studi di Macerata, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics

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Monetary Policy, Large Crises, Agent Based Model, Financial Accelerator, Zero Lower Bound

39.

Network Calibration and Metamodeling of a Financial Accelerator Agent Based Model

Posted: 10 Jan 2016 Last Revised: 20 May 2019
University of Florence - Department of Economics and Management, Università degli Studi di Macerata, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics

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agent based models, credit networks, financial fragility, metamodel, calibration

40.

Stock Market Dynamics, Leveraged Network-Based Financial Accelerator and Monetary Policy

Posted: 06 Apr 2015
Luca Riccetti, Alberto Russo and Mauro Gallegati
Università degli Studi di Macerata, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics

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Agent-based modeling, stock market, leverage, network, volatility, financial accelerator, monetary policy

41.

Financialisation and Crisis in an Agent Based Macroeconomomic Model

Posted: 31 Oct 2013
Luca Riccetti, Alberto Russo and Mauro Gallegati
Università degli Studi di Macerata, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics

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agent-based macroeconomics, business cycle, leverage, payout policy, financialisation, crisis

42.

Financial Regulation in an Agent-Based Macroeconomomic Model

Posted: 29 Oct 2013
Luca Riccetti, Alberto Russo and Mauro Gallegati
Università degli Studi di Macerata, Università Politecnica delle Marche, Ancona - Department of Management and Polytechnic University of Marche - Faculty of Economics

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financial regulation, agent-based macroeconomics, business cycle, crisis, unemployment, leverage

43.

Network Analysis and Calibration of the 'Leveraged Network-Based Financial Accelerator'

Posted: 12 Oct 2012 Last Revised: 20 May 2019
University of Florence - Department of Economics and Management, Polytechnic University of Marche - Faculty of Economics, Università degli Studi di Macerata and Università Politecnica delle Marche, Ancona - Department of Management

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network, bankruptcy cascades, calibration, leverage