Mauro Gallegati

Polytechnic University of Marche - Faculty of Economics

Piazzale Martelli, 8

60121 Ancona

Italy

SCHOLARLY PAPERS

44

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4,354

SSRN CITATIONS
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SSRN RANKINGS

Top 5,170

in Total Papers Citations

105

CROSSREF CITATIONS

160

Scholarly Papers (44)

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 Business School - Finance and Economics
Downloads 1,241 (20,816)
Citation 19

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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 246 (157,176)
Citation 3

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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 Business School - Finance and Economics
Downloads 221 (174,230)
Citation 3

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Income multiplier, Income distribution, Lorenz curve asymmetry, Inequality

4.

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 Business School - Finance and Economics
Downloads 199 (192,131)
Citation 5

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

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 Polytechnic University of Marche - Faculty of Economics
Downloads 172 (218,439)
Citation 10

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

6.

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 161 (230,946)
Citation 5

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

7.

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 153 (240,978)
Citation 14

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

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 143 (254,598)
Citation 1

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C16, D31

9.

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 143 (254,598)
Citation 2

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Firms' size, common components, Kesten's process

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 2021
University of Zurich - Department of Banking and Finance, Università Cattolica del Sacro Cuore, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia Business School - Finance and Economics
Downloads 139 (260,358)
Citation 34

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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, Polytechnic University of Marche - Faculty of Economics and University of Teramo
Downloads 132 (270,931)

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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
Polytechnic University of Marche - Faculty of Economics, Polytechnic University of Marche - Faculty of Economics and Università Politecnica delle Marche - Faculty of Economics
Downloads 123 (285,662)
Citation 1

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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, Polytechnic University of Marche - Faculty of Economics and Polytecnico di Torino
Downloads 110 (309,205)

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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 Polytechnic University of Marche - Faculty of Economics
Downloads 76 (394,123)

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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 of Banking and Finance and Polytechnic University of Marche - Faculty of Economics
Downloads 26 (618,911)

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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, Polytechnic University of Marche - Faculty of Economics and IRES Piemonte, Socio-Economic Research Institute of Piedmont
Downloads 98 (333,988)
Citation 4

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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 Information Science, Niigata University, RIKEN iTHEMS, Polytechnic University of Marche - Faculty of Economics and University of Palermo
Downloads 91 (350,119)
Citation 7

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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, Università Cattolica del Sacro Cuore, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia Business School - Finance and Economics
Downloads 84 (367,829)
Citation 20

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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
Polytechnic University of Marche, Polytechnic University of Marche - Faculty of Economics and Polytechnic University of Marche
Downloads 66 (421,027)
Citation 2

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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 Polytechnic University of Marche - Faculty of Economics
Downloads 58 (448,956)
Citation 9

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agent-based model, business cycle, inequality, crisis

20.

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 50 (479,893)
Citation 1

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

21.

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 49 (483,945)
Citation 1

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

22.

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 49 (483,945)

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Adaptive expectations, non-stationary variables

23.

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 49 (483,945)

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24.

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 2021
Università Cattolica del Sacro Cuore, Polytechnic University of 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 49 (483,945)

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25.

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 46 (496,827)

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

26.

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 2021
Università Cattolica del Sacro Cuore, Polytechnic University of Marche - Faculty of Economics, National Bureau of Economic Research (NBER) and Columbia Business School - Finance and Economics
Downloads 44 (505,747)

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27.

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 42 (514,822)
Citation 2

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Business cycles, heterogeneity, financial fragility, stochastic aggregation

28.

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, Università Cattolica del Sacro Cuore and National Bureau of Economic Research (NBER)
Downloads 40 (524,212)

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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 38 (533,925)

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credit network, bankruptcy, cascade effect, interbank market

30.

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 Università Politecnica delle Marche - Department of Economics
Downloads 34 (554,784)

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

31.

Firm-Bank Credit Network, Business Cycle and Macroprudential Policy

Number of pages: 28 Posted: 09 Apr 2020
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 30 (576,884)

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

32.

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
Polytechnic University of Marche, University of Trento - Department of Economics and Management and Polytechnic University of Marche - Faculty of Economics
Downloads 27 (595,164)

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

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 27 (595,164)
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
Polytechnic University of Marche - Department of Management, University of Trento - Department of Economics and Management and Polytechnic University of Marche - Faculty of Economics
Downloads 26 (601,566)

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

35.

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 26 (601,566)
Citation 1

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

36.

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 Polytechnic University of Marche - Faculty of Economics
Downloads 24 (615,003)

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

37.

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 19 (650,041)
Citation 2

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38.

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
Polytechnic University of Marche - Faculty of Economics, Polytechnic University of Marche - Faculty of Economics, affiliation not provided to SSRN and The New School - Department of Economics
Downloads 3 (773,045)
Citation 7
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C63, E24, E31

39.

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

40.

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

41.

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

42.

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

43.

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

44.

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