Browsing General by Author "Gallegati Mauro"

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Browsing General by Author "Gallegati Mauro"

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  • Financial Fragility, Industrial Dynamics and Business Fluctuations in an Agent Based Model 
    Delli Gatti Domenico; Di Guilmi Corrado; Gallegati Mauro; Giulioni Gianfranco (Cambridge University Press, 2007)
    n the 1990s a large body of literature--sometimes referred to as the financial accelerator hypothesis, broad credit view, or balance sheet channel--focused on the role of financial factors in business fluctuations and in ...
  • International evidence on business cycle magnitude dependence 
    Di Guilmi Corrado; Gaffeo Edoardo; Gallegati Mauro; Palestrini Antonio (Euro-American Association of Economic Development Studies, 2005)
    Are expansions and recessions more likely to end as their magnitude increases? In this paper we apply parametric hazard models to investigate this issue in a sample of 16 countries from 1881 to 2000. For the total sample ...
  • Power Law Scaling in World Income Distribution 
    Di Guilmi Corrado; Gaffeo Edoardo; Gallegati Mauro (Vanberbilt University, 2003)
    We show that over the period 1960-1997, the range comprised between the 30th and the 85th percentiles of the world income distribution expressed in terms of GDP per capita invariably scales down as a Pareto distribution. ...