LEM Papers Series

From Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy
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2016/17: Macroeconomic Policy in DSGE and Agent-Based Models Redux: New Developments and Challenges Ahead

Giorgio Fagiolo and Andrea Roventini

2016/16: A Method for Agent-Based Models Validation

Mattia Guerini and Alessio Moneta

2016/15: Market Stability vs. Market Resilience: Regulatory Policies Experiments in an Agent Based Model with Low- and High-Frequency Trading

Sandrine Jacob Leal and Mauro Napoletano

2016/14: Far from the Madding Crowd: Collective Wisdom in Prediction Markets

Giulio Bottazzi and Daniele Giachini

2016/13: Wealth and Price Distribution by Diffusive Approximation in a Repeated Prediction Market

Giulio Bottazzi and Daniele Giachini

2016/12: On the robustness of the fat-tailed distribution of firm growth rates: a global sensitivity analysis

Giovanni Dosi, Marcelo Pereira and Maria Enrica Virgillito

2016/11: The causal effect of including standards-related documentation into patent prior art: evidence from a recent EPO policy change

Rudi Bekkers, Arianna Martinelli and Federico Tamagni

2016/10: The Innovation-Employment nexus: a critical survey of theory and empirics

Flavio Calvino and Maria Enrica Virgillito

2016/09: Exploring the link between Innovation and Growth in Chilean firms

Caterina Santi and Pietro Santoleri

2016/08: Non-performing loans, systemic risk and resilience in financial networks

Giulio Bottazzi, Alessandro De Sanctis and Fabio Vanni

2016/07: Small, young, and exporters: New evidence on the determinants of firm growth

Marco Grazzi and Daniele Moschella

2016/06: When more Flexibility Yields more Fragility: the Microfoundations of Keynesian Aggregate Unemployment

Giovanni Dosi, Marcelo Pereira, Andrea Roventini and Maria Enrica Virgillito

2016/05: Innovation and within-firm wage inequalities: empirical evidence from major European countries

Valeria Cirillo, Matteo Sostero and Federico Tamagni

2016/04: The dynamics of profits and wages: technology, offshoring and demand

Francesco Bogliacino, Dario Guarascio and Valeria Cirillo

2016/03: Innovation Strategies and Firm Growth

Stefano Bianchini, Gabriele Pellegrino and Federico Tamagni

2016/02: Hawtrey, Austerity, and the "Treasury View", 1918-25

Clara Elisabetta Mattei

2016/01: Going Up and Down: Rethinking the Empirics of Growth in the Developing and Newly Industrialized World

Francesco Lamperti and Clara Elisabetta Mattei

2015/34: Preventing Environmental Disasters: Market-Based vs. Command-and-Control Policies

Francesco Lamperti, Mauro Napoletano and Andrea Roventini

2015/33: Taming Macroeconomic Instability: Monetary and Macro Prudential Policy Interactions in an Agent-Based Model

Lilit Popoyan, Mauro Napoletano and Andrea Roventini

2015/32: Survival in Speculative Markets

Pietro Dindo

2015/31: Labour market reforms in Italy: evaluating the effects of the Jobs Act

Marta Fana, Dario Guarascio and Valeria Cirillo

2015/30: The Dynamics of Skills: Technology and Business Cycles

Valeria Cirillo, Mario Pianta and Leopoldo Nascia

2015/29: Long-run Heterogeneity in an Exchange Economy with Fixed-Mix Traders

Giulio Bottazzi, Pietro Dindo and Daniele Giachini

2015/28: Non-linear externalities in firm localization

Giulio Bottazzi, Ugo Gragnolati and Fabio Vanni

2015/27: Causal Relations between Knowledge-Intensive Business Services and Regional Employment Growth

Thomas Brenner, Marco Capasso, Matthias Duschl, Koen Frenken and Tania Treibich

2015/26: Drift criteria for persistence of discrete stochastic processes on the line with examples of application

Giulio Bottazzi and Pietro Dindo

2015/25: Where does the surplus go? Disentangling the capital-labor distributive conflict

Francesco Bogliacino, Dario Guarascio and Valeria Cirillo

2015/24: Social Learning and Higher Order Beliefs: A Structural Model of Exchange Rates Dynamics

Francesca Pancotto, Giuseppe Pignataro and Davide Raggi

2015/23: The Guardians of Capitalism: International Consensus and Fascist Technocratic Implementation of Austerity

Clara Elisabetta Mattei

2015/22: Gender Gap in Patenting Activities: Evidence from Iran

Mojgan Samandar Ali Eshtehardi and Seyed Kamran Bagheri

2015/21: Testing the "separability" condition in two-stage nonparametric models of production

Cinzia Daraio, Leopold Simar and Paul Wilson

2015/20: Four engines of inequality

Maurizio Franzini and Mario Pianta

2015/19: Time-Varying Fiscal Multipliers in an Agent-Based Model with Credit Rationing

Mauro Napoletano, Andrea Roventini and Jean-Luc Gaffard

2015/18: Where Do We Go From Here? Market Access and Regional Development in Italy (1871-1911)

Anna Missiaia

2015/17: Austerity and Repressive Politics: Italian Economists in the Early Years of the Fascist Government

Clara Elisabetta Mattei

2015/16: Defuse the Bomb: Rewiring Interbank Networks

Matteo Chinazzi, Stefano Pegoraro and Giorgio Fagiolo

2015/15: Business Cycles, Technology and Exports

Dario Guarascio, Mario Pianta, Matteo Lucchese and Francesco Bogliacino

2015/14: Financing the Capital Development of the Economy: A Keynes-Schumpeter-Minsky Synthesis

Mariana Mazzucato and L. Randall Wray

2015/13: When the Brightest are not the Best

Marco Valente

2015/12: Are R&D investments by incumbents decreasing in the availability of complementary assets for start-ups?

Luca Stanca, Herbert Dawid, Mariacristina Piva and Marco Vivarelli

2015/11: Boundedly Rational Opinion Dynamics in Social Networks: Does Indegree Matter?

Pietro Battiston and Luca Stanca

2015/10: Is Co-Invention Expediting Technological Catch Up? A Study of Collaboration between Emerging Country Firms and EU inventors

Elisa Giuliani, Arianna Martinelli and Roberta Rabellotti

2015/09: Structural Change and Innovation in Developing Economies: A Way Out of the Middle Income Trap ?

Marco Vivarelli

2015/07: Art Collections and Taste in the Spanish Siglo de Oro

Federico Etro and Elena Stepanova

2015/06: Skill upgrading, wage gap and international trade: firm-level evidence for Italian manufacturing firms

Irene Iodice and Chiara Tomasi

2015/05: What do firms know? What do they produce? A new look at the relationship between patenting profiles and patterns of product diversification

Giovanni Dosi, Marco Grazzi and Daniele Moschella

2015/04: The footprint of evolutionary processes of learning and selection upon the statistical properties of industrial dynamics

Giovanni Dosi, Marcelo Pereira and Maria Enrica Virgillito

2015/03: Inside the Virtuous Cycle between Productivity, Profitability, Investment and Corporate Growth: An Anatomy of China Industrialization

Xiaodan Yu, Giovanni Dosi, Marco Grazzi and Jiasu Lei

2015/02: An Information Theoretic Criterion for Empirical Validation of Time Series Models

Francesco Lamperti

2015/01: A model of cognitive and operational memory of organizations in changing worlds

Giovanni Dosi, Luigi Marengo, Evita Paraskevopoulou and Marco Valente