Mauro Gallegati

Università Politecnica delle Marche - Faculty of Economics

Piazzale Martelli, 8

60121 Ancona

Italy

SCHOLARLY PAPERS

41

DOWNLOADS
Rank 13,058

SSRN RANKINGS

Top 13,058

in Total Papers Downloads

3,587

CITATIONS
Rank 2,686

SSRN RANKINGS

Top 2,686

in Total Papers Citations

183

Scholarly Papers (41)

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, Centre d'économie de l'Université de Paris Nord (CEPN), Department of Economic and Social Sciences, Marche Polytechnic University, Ancona, Università Politecnica delle Marche - Faculty of Economics, University of Limerick and Columbia Business School - Finance and Economics
Downloads 1,006 (21,119)
Citation 24

Abstract:

Loading...

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, Università Politecnica delle Marche and Università Politecnica delle Marche - Faculty of Economics
Downloads 212 (141,854)
Citation 2

Abstract:

Loading...

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

3.

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, Università Politecnica delle Marche - Faculty of Economics, IRES Piemonte, Socio-Economic Research Institute of Piedmont and Columbia Business School - Finance and Economics
Downloads 179 (165,811)
Citation 4

Abstract:

Loading...

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

4.

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
Università Politecnica delle Marche - Faculty of Economics, IRES Piemonte, Socio-Economic Research Institute of Piedmont and Columbia Business School - Finance and Economics
Downloads 161 (181,767)
Citation 1

Abstract:

Loading...

Income multiplier, Income distribution, Lorenz curve asymmetry, Inequality

5.

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 Università Politecnica delle Marche - Faculty of Economics
Downloads 143 (200,616)
Citation 9

Abstract:

Loading...

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

6.

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, Università Politecnica delle Marche - Faculty of Economics and University of Teramo
Downloads 135 (210,097)
Citation 2

Abstract:

Loading...

Firms' size, common components, Kesten's process

7.

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, Università Politecnica delle Marche - Faculty of Economics and Polytecnico di Torino
Downloads 133 (212,610)
Citation 7

Abstract:

Loading...

C16, D31

8.

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 Università Politecnica delle Marche - Faculty of Economics
Downloads 130 (216,536)
Citation 30

Abstract:

Loading...

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

9.

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
Università Politecnica delle Marche - Department of Management, Università Politecnica delle Marche - Faculty of Economics and Università Politecnica delle Marche - Faculty of Economics
Downloads 129 (217,826)
Citation 9

Abstract:

Loading...

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

10.

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

NBER Working Paper No. w15611
Number of pages: 29 Posted: 11 Jan 2010 Last Revised: 29 Aug 2010
University of Zurich - Department of Banking and Finance, Universita' Cattolica, Milano, Università Politecnica delle Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia Business School - Finance and Economics
Downloads 124 (224,452)
Citation 120

Abstract:

Loading...

11.

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, Università Politecnica delle Marche - Faculty of Economics and University of Teramo
Downloads 122 (227,223)

Abstract:

Loading...

Euro, inflation, price dispersion, Big Mac

12.

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
Università Politecnica delle Marche - Faculty of Economics, Università Politecnica delle Marche - Faculty of Economics and Università Politecnica delle Marche - Faculty of Economics
Downloads 118 (232,967)
Citation 3

Abstract:

Loading...

Innovation Network, Preferential Attachment, Fiscal Policy

13.

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, Università Politecnica delle Marche - Faculty of Economics and Polytecnico di Torino
Downloads 102 (258,265)
Citation 7

Abstract:

Loading...

income distribution, income inequality, k-generalized distribution

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 of Banking and Finance and Università Politecnica delle Marche - Faculty of Economics
Downloads 73 (321,036)

Abstract:

Loading...

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 of Banking and Finance and Università Politecnica delle Marche - Faculty of Economics
Downloads 23 (513,352)

Abstract:

Loading...

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

15.

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, Università Politecnica delle Marche - Faculty of Economics and IRES Piemonte, Socio-Economic Research Institute of Piedmont
Downloads 90 (280,072)
Citation 2

Abstract:

Loading...

business cycles, heterogeneity, financial fragility, stochastic aggregation

16.

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 Simulation Studies, Niigata University, GSAIS, Kyoto University, Università Politecnica delle Marche - Faculty of Economics and University of Palermo
Downloads 83 (294,556)
Citation 5

Abstract:

Loading...

Credit market, Networked market, Financial networks, Bipartite networks

17.

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 of Banking and Finance, Universita' Cattolica, Milano, Università Politecnica delle Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia Business School - Finance and Economics
Downloads 65 (338,089)
Citation 55

Abstract:

Loading...

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

18.

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
Università Politecnica delle Marche, Università Politecnica delle Marche - Faculty of Economics and Università Politecnica delle Marche
Downloads 56 (363,986)
Citation 6

Abstract:

Loading...

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

19.

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 Università Politecnica delle Marche - Faculty of Economics
Downloads 48 (390,009)
Citation 16

Abstract:

Loading...

agent-based model, business cycle, inequality, crisis

20.

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 Università Politecnica delle Marche - Faculty of Economics
Downloads 47 (393,390)
Citation 1

Abstract:

Loading...

21.

Necessary Condition for Rationality and Adaptive Expectations Schemes

Number of pages: 7 Posted: 26 Feb 2014
Mauro Gallegati and Antonio Palestrini
Università Politecnica delle Marche - Faculty of Economics and Università Politecnica delle Marche
Downloads 46 (396,866)

Abstract:

Loading...

Adaptive expectations, non-stationary variables

22.

Financially Constrained Fluctuations in an Evolving Network Economy

NBER Working Paper No. w14112
Number of pages: 34 Posted: 22 Jun 2008 Last Revised: 25 Jul 2010
Universita' Cattolica, Milano, Università Politecnica delle Marche - Faculty of Economics, National Bureau of Economic Research (NBER), Università Politecnica delle Marche, Ancona - Department of Management and Columbia Business School - Finance and Economics
Downloads 43 (407,657)
Citation 4

Abstract:

Loading...

23.

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

Number of pages: 34 Posted: 10 Jun 2017
Università Politecnica delle Marche, Università Politecnica delle Marche - Department of Management, Università Politecnica delle Marche and Università Politecnica delle Marche - Faculty of Economics
Downloads 39 (422,656)
Citation 1

Abstract:

Loading...

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

24.

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 2010
Universita' Cattolica, Milano, Università Politecnica delle Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia Business School - Finance and Economics
Downloads 38 (426,792)

Abstract:

Loading...

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, Università Politecnica delle Marche - Faculty of Economics and IRES Piemonte, Socio-Economic Research Institute of Piedmont
Downloads 36 (434,849)
Citation 2

Abstract:

Loading...

Business cycles, heterogeneity, financial fragility, stochastic aggregation

26.

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, Università Politecnica delle Marche and Università Politecnica delle Marche - Faculty of Economics
Downloads 33 (447,368)

Abstract:

Loading...

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

27.

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
Università Politecnica delle Marche - Faculty of Economics, ETH Zürich, Università Politecnica delle Marche - Faculty of Economics and ETH Zürich - Department of Humanities, Social and Political Sciences (GESS)
Downloads 29 (465,869)
Citation 7

Abstract:

Loading...

credit network, bankruptcy, cascade effect, interbank market

28.

Stock-Flow Dynamic Projection

Number of pages: 17 Posted: 12 Feb 2015
Mauro Gallegati and Xi Hao Li
Università Politecnica delle Marche - Faculty of Economics and Università Politecnica delle Marche - Department of Economics
Downloads 28 (470,804)

Abstract:

Loading...

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

29.

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 Simulation Studies, Niigata University, GSAIS, Kyoto University, Università Politecnica delle Marche - Faculty of Economics and University of Palermo
Downloads 24 (492,099)
Citation 1

Abstract:

Loading...

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

30.

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, Università Politecnica delle Marche - Faculty of Economics and Polytecnico di Torino
Downloads 23 (497,604)
Citation 3

Abstract:

Loading...

k-generalized statistics, wealth distribution, finite mixture models

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
Marche Polytechnic University, University of Trento - Department of Economics and Management and Università Politecnica delle Marche - Faculty of Economics
Downloads 20 (514,680)

Abstract:

Loading...

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

32.

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
Università Politecnica delle Marche - Department of Economics and Università Politecnica delle Marche - Faculty of Economics
Downloads 19 (520,531)

Abstract:

Loading...

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

33.

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
Università Politecnica delle Marche - Faculty of Economics, Università Politecnica delle Marche - Department of Economics and Social Sciences and Università Politecnica delle Marche, Ancona - Department of Management
Downloads 16 (537,769)

Abstract:

Loading...

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

34.

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 Università Politecnica delle Marche - Faculty of Economics
Downloads 12 (561,613)
Citation 1

Abstract:

Loading...

35.

The US Wage Phillips Curve Across Frequencies and Over Time

Oxford Bulletin of Economics and Statistics, Vol. 73, Issue 4, pp. 489-508, 2011
Number of pages: 20 Posted: 22 Jun 2011
Università Politecnica delle Marche - Faculty of Economics, Università Politecnica delle Marche - Faculty of Economics, affiliation not provided to SSRN and The New School - Department of Economics
Downloads 2 (630,209)
Citation 9
  • Add to Cart

Abstract:

Loading...

C63, E24, E31

36.

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
Università Politecnica delle Marche, Università degli Studi di Macerata, Università Politecnica delle Marche, Ancona - Department of Management and Università Politecnica delle Marche - Faculty of Economics

Abstract:

Loading...

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

37.

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 Università Politecnica delle Marche - Faculty of Economics

Abstract:

Loading...

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

38.

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 Università Politecnica delle Marche - Faculty of Economics

Abstract:

Loading...

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

39.

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 Università Politecnica delle Marche - Faculty of Economics

Abstract:

Loading...

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

40.

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 Università Politecnica delle Marche - Faculty of Economics

Abstract:

Loading...

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

41.

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, Università Politecnica delle Marche - Faculty of Economics, Università degli Studi di Macerata and Università Politecnica delle Marche, Ancona - Department of Management

Abstract:

Loading...

network, bankruptcy cascades, calibration, leverage