Details about Marco Maria Sorge

Access statistics for papers by Marco Maria Sorge.

Last updated 2025-05-16. Update your information in the RePEc Author Service.

Short-id: pso393

Working Papers

2025

1. Shocking concerns: public perception about climate change and the macroeconomy
   Papers, arXiv.org

2023

2. Left and Right: A Tale of Two Tails of the Wealth Distribution
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
   See also Journal Article Left and right: a tale of two tails of the wealth distribution, Economic Theory, Springer (2024) (2024)

2022

3. Is Time an Illusion? A Bootstrap Likelihood Ratio Approach to Testing Shock Transmission Delays in DSGE Models
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

2021

4. Under the same (Chole)sky: DNK models, timing restrictions and recursive identification of monetary policy shocks
   Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna View citations (1)
   See also Journal Article Under the same (Chole)sky: DNK models, timing restrictions and recursive identification of monetary policy shocks, Journal of Economic Dynamics and Control, Elsevier (2021) View citations (1) (2021)

2020

5. Equilibrium Indeterminacy and Extreme Outcomes: A Fat Sunspot Ta(i)l(e)
   Working Papers, University of Alberta, Department of Economics

2019

6. Serving the (Un)Deserving? The Allocation of Credit in Markets with Asymmetrically Informed Lenders
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

2018

7. Computing Sunspot Solutions to Rational Expectations Models with Timing Restrictions
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
   See also Journal Article Computing sunspot solutions to rational expectations models with timing restrictions, The B.E. Journal of Macroeconomics, De Gruyter (2020) View citations (4) (2020)

2015

8. Indeterminacy, Misspecification and Forecastability: Good Luck in Bad Policy?
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

2014

9. Lobbying (Strategically Appointed) Bureaucrats
   CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
   See also Journal Article Lobbying (strategically appointed) bureaucrats, Constitutional Political Economy, Springer (2015) View citations (1) (2015)

2013

10. A Note on Information Flows and Identification of News Shocks Models
    EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels View citations (4)
    See also Journal Article A Note on Information Flows and Identification of News Shocks Models, Journal of Economics and Econometrics, Economics and Econometrics Society (2013) View citations (3) (2013)
11. Does Near-Rationality Matter in First-Order Approximate Solutions? A Perturbation Approach
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
12. On the Fundamentalness of Nonfundamentalness in DSGE Models
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

2012

13. Robust Delegation with Uncertain Monetary Policy Preferences
    EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels View citations (4)
    See also Journal Article Robust delegation with uncertain monetary policy preferences, Economic Modelling, Elsevier (2013) View citations (12) (2013)

2011

14. News Shocks or Correlated Sunspots? An Observational Equivalence Result in Linear Rational Expectations Model
    EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels
15. On the Solution of Markov-switching Rational Expectations Models
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE)

2010

16. A Note on Kalman Filter Approach To Solution of Rational Expectations Models
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE)
    See also Journal Article A note on Kalman filter approach to solution of rational expectations models, Economics Bulletin, AccessEcon (2010) (2010)
17. The Role of the Judiciary in the Public Decision Making Process
    Discussion Paper Series of the Max Planck Institute for Research on Collective Goods, Max Planck Institute for Research on Collective Goods
    See also Journal Article The Role of the Judiciary in the Public Decision‐Making Process, Economics and Politics, Wiley Blackwell (2012) View citations (3) (2012)

Journal Articles

2025

1. Fat‐tailed DSGE models: A survey and new results
   Journal of Economic Surveys, 2025, 39, (1), 146-171
2. Is Time an Illusion? A Bootstrap Likelihood Ratio Test for Shock Transmission Delays in DSGE Models
   Computational Economics, 2025, 65, (5), 2477-2503
3. Politics, Financial Regulation and Housing Bubbles
   The Journal of Real Estate Finance and Economics, 2025, 70, (1), 65-91

2024

4. Even imprudent risk lovers may engage in precautionary saving
   Journal of Economics, 2024, 143, (1), 101-109
5. Left and right: a tale of two tails of the wealth distribution
   Economic Theory, 2024, 78, (4), 1389-1433
   See also Working Paper Left and Right: A Tale of Two Tails of the Wealth Distribution, CSEF Working Papers (2023) (2023)
6. To Bequeath, or Not to Bequeath? On Labour Income Risk and Top Wealth Concentration
   The B.E. Journal of Theoretical Economics, 2024, 24, (2), 759-779

2023

7. Stochastic Ordering of Stationary Distributions of Linear Recurrences: Further Results and Economic Applications
   Economies, 2023, 11, (4), 1-10 View citations (1)

2021

8. Equilibrium indeterminacy and sunspot tales
   European Economic Review, 2021, 140, (C) View citations (4)
9. Good Co(o)p or Bad Co(o)p? Redistribution Concerns and Competition in Credit Markets with Imperfect Information
   The B.E. Journal of Economic Analysis & Policy, 2021, 21, (2), 657-694
10. Persistent dynamics in (in)determinate equilibrium rational expectations models
    International Journal of Computational Economics and Econometrics, 2021, 11, (1), 1-11
11. Stabilizing Taylor rules and determinacy under unit root supply shocks: A re-examination
    Journal of Macroeconomics, 2021, 68, (C) View citations (1)
12. Under the same (Chole)sky: DNK models, timing restrictions and recursive identification of monetary policy shocks
    Journal of Economic Dynamics and Control, 2021, 133, (C) View citations (1)
    See also Working Paper Under the same (Chole)sky: DNK models, timing restrictions and recursive identification of monetary policy shocks, Working Papers (2021) View citations (1) (2021)

2020

13. Arbitrary initial conditions and the dimension of indeterminacy in linear rational expectations models
    Decisions in Economics and Finance, 2020, 43, (1), 363-372
14. Computing sunspot solutions to rational expectations models with timing restrictions
    The B.E. Journal of Macroeconomics, 2020, 20, (2), 10 View citations (4)
    Also in The B.E. Journal of Macroeconomics, 2020, 20, (2), 10 (2020) View citations (4)
    See also Working Paper Computing Sunspot Solutions to Rational Expectations Models with Timing Restrictions, CSEF Working Papers (2018) (2018)
15. Credit allocation in heterogeneous banking systems
    German Economic Review, 2020, 21, (1), 1-33
16. Sunspot-driven fat tails: A note
    Economics Letters, 2020, 193, (C) View citations (8)

2019

17. Solving Rational Expectations Models with Informational Subperiods: A Comment
    Computational Economics, 2019, 53, (4), 1649-1654 View citations (5)

2018

18. Comparing inequality and mobility in linear models: Comment
    Economics Letters, 2018, 172, (C), 56-58
19. DOES NEAR†RATIONALITY MATTER IN FIRST†ORDER APPROXIMATE SOLUTIONS? A PERTURBATION APPROACH
    Bulletin of Economic Research, 2018, 70, (1), E97-E113
20. Indeterminacy and fundamental reduced form representations of DSGE models
    Metroeconomica, 2018, 69, (2), 509-524
21. Outside (option) in the orchard: lemons or peaches?
    Economia e Politica Industriale: Journal of Industrial and Business Economics, 2018, 45, (4), 555-564
22. Stochastic dominance and thick-tailed wealth distributions
    Journal of Economics, 2018, 123, (2), 141-159 View citations (3)

2017

23. Indeterminate forecast accuracy under indeterminacy
    Journal of Macroeconomics, 2017, 53, (C), 57-70 View citations (5)

2015

24. Lobbying (strategically appointed) bureaucrats
    Constitutional Political Economy, 2015, 26, (2), 171-189 View citations (1)
    See also Working Paper Lobbying (Strategically Appointed) Bureaucrats, CSEF Working Papers (2014) (2014)

2014

25. ‪Incomplete Contracts as a Screening Device in Competing Vertical Inter-Firm Relationships‪
    Revue d'économie industrielle, 2014, n° 147, (3), 141-181

2013

26. A Note on Information Flows and Identification of News Shocks Models
    Journal of Economics and Econometrics, 2013, 56, (1), 28-38 View citations (3)
    See also Working Paper A Note on Information Flows and Identification of News Shocks Models, EERI Research Paper Series (2013) View citations (4) (2013)
27. Generalized adaptive expectations revisited
    Economics Letters, 2013, 120, (2), 203-205 View citations (6)
28. Model reference adaptive expectations in Markov-switching economies
    Economic Modelling, 2013, 32, (C), 551-559 View citations (2)
29. Robust delegation with uncertain monetary policy preferences
    Economic Modelling, 2013, 30, (C), 73-78 View citations (12)
    See also Working Paper Robust Delegation with Uncertain Monetary Policy Preferences, EERI Research Paper Series (2012) View citations (4) (2012)

2012

30. Corruption in a neoclassical growth model with a non-convex production function: comment
    International Review of Economics, 2012, 59, (3), 315-319
31. News shocks or parametric indeterminacy? An observational equivalence result in linear rational expectations models
    Economics Letters, 2012, 114, (2), 198-200 View citations (10)
32. The Role of the Judiciary in the Public Decision‐Making Process
    Economics and Politics, 2012, 24, (1), 1-23 View citations (3)
    See also Working Paper The Role of the Judiciary in the Public Decision Making Process, Discussion Paper Series of the Max Planck Institute for Research on Collective Goods (2010) (2010)

2010

33. A note on Kalman filter approach to solution of rational expectations models
    Economics Bulletin, 2010, 30, (3), 2002-2009
    See also Working Paper A Note on Kalman Filter Approach To Solution of Rational Expectations Models, Bonn Econ Discussion Papers (2010) (2010)
34. A “Nearly Ideal” Solution to Linear Time-Varying Rational Expectations Models
    Computational Economics, 2010, 35, (4), 331-353 View citations (7)
35. Lobbying-consistent Delegation and Sequential Policy Making
    Economics Bulletin, 2010, 30, (4), 3088-3102 View citations (1)
36. On the Empirical Separability of News Shocks and Sunspots
    Notas Económicas, 2010, (32), 44-55 View citations (1)
37. On the Production Function for Italy
    Rivista Internazionale di Scienze Sociali, 2010, 118, (4), 401-416 View citations (1)