WORKING PAPERS

Deliverable number/ Alternative classification
WP
number
Authors
Title
Published version
Work Package 1: The European scientific and technological knowledge bases, patterns of innovation and structural changes 
Deliverable: 1.1
12A/2018
V. Cirillo
A. Martinelli
A. Nuvolari
M.  Tranchero
How it all began: The long term evolution of scientific and technological performance and the diversity of National Innovation Systems
Deliverable: 1.2
13/2018
A. Wirkierman
T. Ciarli
M. Savona
Varieties of European National Innovation Systems
Deliverable: 1.3
 11/2018
L. Nesta
E. Verdolini
F. Vona
Threshold Policy Effects and Directed Technical Change in Energy Innovation
Deliverable: 1.4
 27/2016
M. Mitkova
H. Dawid
An Empirical Analysis of Sectoral Employment. Shifts and the Role of R&D
Deliverable: 1.5
14/2018
M. Cimoli
J. B. Pereima
G. Porcile
Industrial and Technological Policy (ITP) and Divergence in Comparative Perspective: Latin America and Asia
 WP 1 COMPLEMENTARY PAPERS
Innovation and industrial policies: theory and empirics
1/2015
M. Mazzucato The Rise of Mission-Oriented State Investment Banks: the Cases of Germany’s KfW and Brazil’s BNDES
Innovation and industrial policies: theory and empirics
2/2015
M. Mazzucato From Market Fixing to Market-Creating: a New Framework for Economic Policy
Innovation and industrial policies: theory and empirics
2/2016
M. Lucchese
L. Nascia
M. Pianta
Industrial Policy and Technology in Italy Economia e Politica Industriale
Innovation and climate change: evidence and policy implications
14/2016
V. Costantini
F. Crespi
G. Marin
E. Paglialunga
Eco-Innovation, Sustainable Supply Chains and Environmental Performance in European Industries Journal of Cleaner Production
Innovation and climate change: evidence and policy implications
21/2016
V. Costantini
F. Crespi
A. Palma
Characterizing the Policy Mix and Its Impact on Eco-Innovation in Energy-Efficient Technologies Research Policy
Institutions, social capabilities and organizational learning
35/2016
G. Dosi
L. Marengo
A. Nuvolari
Institutions Are neither Autistic Maximizers nor Flocks of Birds: Self-organization, Power, and Learning in Human Organizations
Institutions, social capabilities and organizational learning
3B/2017
G. Dosi
M. Faillo
V. Cecchini Manara
L. Marengo
D. Moschella
The formalization of organizational capabilities and learning: results and challenges
Innovation and industrial policies: theory and empirics
21/2017
F. Crespi
D. Guarascio
The demand-pull effect of public procurement on innovation and industrial renewal
Industrial policy: theory and empirics
34/2018
M. Savona
Work Package 2: Globalisation of production and finance and de-industrialisation from a comparative perspective
Deliverable: 2.1
15/2018
V. Stolbova
S. Battiston
M. Napoletano
A. Roventini
Financialization of Europe: a comparative perspective
Deliverable: 2.1
22/2016
G. Dosi
V. Ravest
A. Sapio
Financial regimes, financialization patterns and industrial performances: preliminary remarks Revue d’économie industrielle
Deliverable: 2.1
16/2018
P. Battiston
M. Napoletano
Growth and financial exposition in times of crisis
Deliverable: 2.2
29/2016
M. Cimoli
J. A. Ocampo
G. Porcile
Financial cycles and the macroeconomic dynamics of developing economies
Deliverable: 2.3
8/2016
M.V. Tomasello M. Napoletano
M. Garas
F. Schweitzer
The rise and fall of R&D Networks Industrial and Corporate Change
Deliverable: 2.3
17/2018
D.T. Luu
M. Napoletano
G. Fagiolo
A. Roventini
P. Sgrignoli
Uncovering the Network Complexity in Input-Output Linkages among Sectors in European Countries 
Deliverable: 2.3
19/2017
M. Duenas
R. Mastrandrea M. Barigozzi
G. Fagiolo
Spatio-Temporal Patterns of the International Merger and Acquisition Network Scientific Reports
Deliverable: 2.3
18/2017
J-C. Bricongne
F. Coricelli
M. Lopez Forero
International Sourcing and Employment in Times of Financial Crisis: The case of France
Deliverable: 2.4
6/2016
M. Grazzi
D. Moschella
Small, Young, and Exporters: New Evidence on the Determinants of Firm Growth
Deliverable: 2.4
26/2018
F. Calvino
C. Criscuolo
C. Menon
A. Secchi
Growth volatility and size: a firm-level study
Deliverable: 2.4
29/2018

S. Guillou
T. Treibich

Deliverable: 2.4
30/2018
T. Grebel
M. Lopez Forero
M. Napoletano
L. Nesta
A. Secchi
Distant but within sight. Firm-level evidence about productivity gaps between Germany and France 
Deliverable: 2.5
36/2018
S. Battiston
M. Guerini
M. Napoletano
V. Stolbova
Financializationin EU and the effects on growth, inequality and financial stability
WP 2 COMPLEMENTARY PAPERS
The empirics of international trade and global value chains
 1/2016
J. Lopez Gonzalez,
V. Meliciani
M. Savona
When Linder meets Hirschman: Inter-industry linkages and global value chains in business services
Patterns of structural change: models and empirics
11/2016
T. Ciarli
M. Valente
The Complex Interactions between Economic Growth and Market Concentration in a Model of Structural Change
Firms’ dynamics and export performances
4/2017
D. Moschella
F. Tamagni
X. Yu
Persistent High-Growth Firms in China’s Manufacturing Small Business Economics
Firms’ dynamics and export performances
28/2017
G. Dosi
X. Yu
Technological catching-up, sales dynamics and employment growth: evidence from China’s manufacturing firms
The empirics of international trade and global value chains
30/2017
S. Torreggiani
G. Mangioni
M. J. Puma
G. Fagiolo
Identifying the community structure of the international food-trade multi network Environmental Research Letters
Patterns of structural change: models and empirics
4/2018
A. Saha
T. Ciarli
Innovation, Structural Change, and Inclusion. A Cross Country PVAR Analysis
Patterns of structural change: models and empirics
9/2018
M. Cimoli
J. A. Ocampo
G. Porcile
Choosing sides in the trilemma: international financial cycles and structural change in developing economies
Patterns of structural change: models and empirics
41/2018
G. Marin
F. Vona
Finance and the Misallocation of Scientific, Engineering
and Mathematical Talent
Work Package 3: At the roots of inequality: innovation, human-capital dynamics and finance
Deliverable: 3.2
18/2018
M. Mitkova Structural Change, Sectoral and Regional Shifts in Innovation, Productivity and Employment: Literature Review
Deliverable: 3.2
25/2018
S. van der Hoog Financial and Real Investment, Ownership Structure and Manager Compensation: Summary of Empirical Evidence
Deliverable: 3.3
19/2018
A. Wirkierman
T. Ciarli
M. Mazzucato
An evolutionary agent-based model of innovation and the risk-reward nexus
Deliverable: 3.5
29/2017
S. Barde
S. van der Hoog
An empirical validation protocol for large-scale agent-based models PUB – Publications at Bielefeld University
Deliverable: 3.5
32/2016
H. Dawid
P. Harting
M. Neugart
Fiscal transfers and regional economic growth Review of International Economics
Deliverable: 3.5
2/2018
H. Dawid
P. Harting
S. van der Hoog
Manager Remuneration, Share Buybacks and Firm Performance
Deliverable: 3.5
3/2017
G. Dosi
M. C. Pereira
A. Roventini
M. E. Virgillito
Causes and consequences of hysteresis: aggregate demand, employment Industrial and Corporate Change
Deliverable: 3.6
12/2018
P. Harting
D. Kohlweyer
Integrating Forced Migrants in a Union of Diverging Regions: A Policy Assessment
WP 3 COMPLEMENTARY PAPERS      
Structual reforms and labour market performances: theory and evidence
5/2015
M. Fana
D. Guarascio
V. Cirillo
Labour Market Reforms in Italy: Evaluating the Effects of the Jobs Act Economia e politica
Wage dynamics and inequalities
4/2016
F. Bogliacino
D. Guarascio
V. Cirillo
The Dynamics of Profits and Wages: Technology, Offshoring and Demand Industry and Innovation
Wage dynamics and inequalities
18/2016
V. Cirillo
M. Sostero
F. Tamagni
Innovation and Within-firm Wage Inequalities: Empirical Evidence from Major European Countries Industry and Innovation
Wage dynamics and inequalities
3/2018
V. Cirillo
M. Sostero
F. Tamagni
Firm-level pay agreements and within-firm wage inequalities: Evidence across Europe
Inequalities and economic growth
H. Dawid
P. Harting
M. Neugart
Cohesion Policy and Inequality Dynamics: Insights from a Heterogeneous Agents Macroeconomic Model Journal of Economic Behavior & Organization
Work Package 4: Finance, uncertainty and innovation      
Deliverable: 4.1
17/2016
W. Lazonick Innovative Enterprise or Sweatshop Economics? In Search of Foundations of Economic Analysis Challenge
Deliverable: 4.2
7/2017
P. Kotnik
M. E. Sakinc
A. Slavec
D. Guduras
Executive compensation in Europe: Realized gains from stock-based pay
Deliverable: 4.2
16/2017
M. E. Sakinc Share Repurchases in Europe. A Value Extraction Analysis
Deliverable: 4.2
11/2017
C. Granier
V. Revest
A. Sapio
How do financial markets adapt? An institutional comparison between European and Japanese Junior stock markets
Deliverable: 4.2
13/2017
W. Lazonick
M. Hopkins
K. Jacobson
M. E. Sakinc
O. Tulum
US Pharma’s Business Model: Why It Is Broken, and How It Can Be Fixed
Deliverable: 4.2
17/2017
O. Tulum Innovation vs Financialization: an Analysis on the United States as a Source of Innovation for European Big Pharma
Deliverable: 4.2
10/2017
C. Granier
V. Revest
A. Sapio
Firm growth and stock market regulation in different financial systems
Deliverable: 4.3
21/2018
M. Mazzucato
L. Macfarlane
C. Penna
J. Ryan-Collins
The role of patient finance in mission-oriented innovation: the market shaping role of state investment banks
Deliverable: 4.3
8/2017
M. Carpenter
W. Lazonick
Innovation, competition and financialization in the communications technology industry (1996-2016)
Deliverable: 4.4
9/2017
H. Glimsted The dynamics of innovation in the wireless telecom industry during two eras of technological convergence (1995-2015)
Deliverable: 4.5
31/2018
A.L. Wirkierman
T. Ciarli
M.Mazzucato
Innovation eco-systems and the Risk-Reward Nexus: an evolutionary account
Deliverable: 4.6
41/2018
W. Lazonick
T.Petrin
WP 4 COMPLEMENTARY PAPERS    
Innovation and firms’ dynamics
3/2016
F. Bogliacino
M. Lucchese
L. Nascia
M. Pianta
Modelling the Virtuous Circle of Innovation. A Test on Italian Firms
Innovation and firms’ dynamics
3A/2016
G. Pellegrino
S. Bianchini
F. Tamagni
Innovation Strategies and Firm Growth
Innovation and firms’ dynamics
10/2016
G. Dosi
M. Grazzi
D. Moschella
What Do Firms Know? A New Look at the Relationship between Patenting Profiles and Patterns of Product Diversification Small Business Economics
Public and green finance
26/2016
M. Mazzucato
G. Semieniuk
Financing Renewable Energy: Who is Financing What and Why It Matters Technological Forecasting and Social Change
Financial regimes and firms growth
31/2016
V. Revest
A. Sapio
The Creation Function of a Junior Listing Venue: An Empirical Test on the Alternative Investment Market
Financial regimes and firms growth
33A/2016
C. Abbate
A. Sapio
Gazelles and muppets in the City: Stock market listing, risk sharing, and firm growth quantiles
Innovation and firms’ dynamics
3A/2017
G. Dosi
E. Pugliese
P. Santoleri
Growth and survival of the ‘fitter’? Evidence from US new-born firms
Financial regimes and firms growth
12/2017
W. Lazonick
M. Hopkins
Comment on the SEC Pay Ratio Disclosure Rule
Financial regimes and firms growth
14/2017
W. Lazonick The Functions of the Stock Market and the Fallacies of Shareholder Value
Financial regimes and firms growth
14/2017
W. Lazonick The Value-Extracting CEO: How Executive Stock-Based Pay Undermines Investment in Productive Capabilities
Innovation models
23/2017
G. Dosi
A. Moneta
E. Stepanova
Dynamic Increasing Returns and Innovation Diffusion: bringing Polya Urn processes to the empirical data
Financial regimes and firms growth
37/2018
P. Kotnik
E. Sakinc
The impact of acquisitions on growth of European high-tech entrepreneurial firms
Public and green finance
5/2018
T.Petrin A literature review on the impact and effectiveness of government support for R&D and innovation
Public and green finance
45/2018
I. Monasterolo
Jiani I. Z.
S. Battiston
Climate transition risk and development finance: a carbon risk assessment of China’s overseas energy portfolios
Public and green finance
46/2018
V. Stolbova
I. Monasterolo
S. Battiston
A financial macro-network approach to climate policy evaluation
Work Package 5: The dual role of innovation and technical change: demand/job-creation vs. job destruction
Deliverable: 5.1
30/2016
D. Guarascio
F. Tamagni
Persistence of innovation and patterns of firm growth
Deliverable: 5.2
33B/2016
F. Calvino Technological innovation and the distribution of employment growth: a firm-level analysis
Deliverable: 5.3
6/2017
A. Bramucci
V. Cirillo
R. Evangelista
D. Guarascio
Offshoring, industry heterogeneity and employment
Deliverable: 5.4
23/2018
V. Cirillo
M. Pianta
L. Nascia
Technology and occupations in business cycles
Deliverable: 5.4
1/2018
G. Dosi
M. C. Pereira
A. Roventini
M. E. Virgillito
What if supply side policies are not enough? The perverse interaction of flexibility and austerity
WP 5 COMPLEMENTARY PAPERS
The innovation-employment nexus: theory and empirics
7/2016
V.Cirillo
L. Nascia
M. Pianta
The Dynamics of Skills: Technology and Business Cycles
The innovation-employment nexus: theory and empirics
9/2016
F. Calvino
M. E. Virgillito
The Innovation-Employment Nexus: a Critical Survey of Theory and Empirics  Journal of economic Surveys
Productivity and employment dynamics
19/2016
T. Ferraresi
A. Roventini
W. Sammler
Macroeconomic Regimes, Technological Shocks and Employment Dynamics
The innovation-employment nexus: theory and empirics
28/2016
F. Vona
G. Marin
D. Consoli
Measures, Drivers and Effects of Green Employment: Evidence from US Local Labor Markets, 2006-2014
The innovation-employment nexus: theory and empirics
6/2018
A. Cetrulo
D. Guarascio
V. Cirillo
Weaker jobs, weaker innovation. Exploring the temporary employment-product innovation nexus
The innovation-employment nexus: theory and empirics
32/2018
T. Ciarli
A. Marzucchi
E. Salgado
M. Savona
The Impact of R&D on Employment and Self-Employment Composition in Local Labour Markets 
Productivity and employment dynamics
33/2018
T. Ciarli
E. Salgado
M. Savona
Work Package 6: ‘Schumpeter meeting Keynes’, or not …? Innovation, demand creation and pattern of growth
Deliverable: 6.1
22/2018
A. Moneta
E. Stepanova
Innovation, demand and growth
Deliverable: 6.2
5/2016
G. Dosi
M. C. Pereira
A. Roventini
M. E. Virgillito
When more flexibility yields more fragility: the microfoundation of Keynesian aggregate unemployment Journal of Economic Dynamics and Control
Deliverable: 6.2
27/2017
T. Ciarli
A. Lorentz
M. Valente
M. Savona
Structural Change and Growth Regimes
Deliverable: 6.3
38/2018
Duc Thi L.
M. Napoletano
G. Fagiolo
A. Roventini
P. Sgrignoli
Shock diffusion in the European production network: systemic importance and cascading failures
Deliverable: 6.4
7/2018
M. Deleidi
M. Mazzucato
Putting Austerity to Bed: Technical progress, aggregate demand and the supermultiplier
Deliverable: 6.4
2/2017
E. Palagi
M. Napoletano
A. Roventini
J. Gaffard
Inequality, Redistributive Policies and Multiplier Dynamics in an Agent-Based Model with Credit Rationing Italian Economic Journal
Deliverable: 6.4
40/2018
E. Palagi
M. Napoletano
A. Roventini
J. Gaffard
Endogenous inequality and macroeconomic dynamics in an agent-based model with financial constraints 
Deliverable: 6.4
G. Dosi
F. Lamperti
M. Mazzucato
M. Napoletano
A. Roventini
The entrepreneurial state at work: an agent-based exploration
Deliverable: 6.5
G. Dosi
M. Guerini
F. Lamperti
M. Napoletano
A. Roventini
T. Treibich
Balance-Sheet Based and Unconventional Policies in an Agent-Based Model
Deliverable: 6.5
L. Popoyan
M. Napoletano
A. Roventini
Winter is possibly not coming: mitigating financial instability in an agent-based model
Deliverable: 6.5
23/2016
G. Dosi
M.C.  Pereira
A. Roventini
M.E. Virgillito
The Effects of Labour Market Reforms upon Unemployment and Income Inequalities: an Agent Based Model Socio-Economic Review
Deliverable: 6.6
F. Lamperti
G. Dosi
M. Napoletano
A. Roventini
A. Sapio
And Then He Wasn’t a She: Climate Change and Green Transitions in an Agent-Based Integrated Assessment Model
Deliverable: 6.6
M. Valente
T. Ciarli
A. Sapio
Distributed Energy Storage Systems: Effects on Load Volatility
Deliverable: 6.6
F. Pasimeni
T. Ciarli
Diffusion of shared goods in consumer coalitions. An agent-based model
WP 6 COMPLEMENTARY PAPERS
Finance and macroeconomic instability: models and empirical applications
3/2015
S. van der Hoog
H. Dawid
Bubbles, Crashes and the Financial Cycle: Insights from a Stock-Flow Consistent Agent-Based Macroeconomic Model Macroeconomic Dynamics
Finance and macroeconomic instability: models and empirical applications
4/2015
S. van der Hoog The Limits to Credit Growth: 
Mitigation Policies and Macroprudential Regulations to Foster Macrofinancial Stability and Sustainable Debt Computational Economics
Finance and macroeconomic instability: models and empirical applications
6/2015
L. Popoyan
M. Napoletano
A. Roventini
Taming Macroeconomic Instability: Monetary and Macro Prudential Policy Interactions in an Agent-Based Model Journal of Economic Behavior & Organization
Agent-based macro: methodology and validation protocols
12/2016
A. Roventini
G. Fagiolo
Macroeconomic Policy in DSGE and Agent-Based Models Redux: New Developments and Challenges Ahead Journal of Artificial Societies and Social Simulation
Agent-based macro: methodology and validation protocols
13/2016
M. Guerini
A. Moneta
A Method for Agent-Based Models Validation Journal of Economic Dynamics and Control
Macro agent-based models
15/2016
H. Dawid
P. Harting
S. van der Hoog
M. Neugart
A Heterogeneous Agent Macroeconomic Model for Policy Evaluation: Improving Transparency and Reproducibility SSRN
Evolutionary Macro
16/2016
G. Dosi
M. E. Virgillito
The “Schumpeterian” and the “Keynesian” Stiglitz: Learning, Coordination Hurdles and Growth Trajectories
Macro agent-based models
20/2016
M. Guerini
M. Napoletano
A. Roventini
No Man Is an Island: The Impact of Heterogeneity and Local Interactions on Macroeconomic Dynamics Economic Modelling
The macroeconomics of climate change: theory and models
24/2016
F. Lamperti
M. Napoletano
A. Roventini
Preventing Environmental Disasters: Market-Based vs. Command-and-Control Policies  
The macroeconomics of climate change: theory and models
25/2016
T. Balint
F. Lamperti
A. Mandel
M. Napoletano
A. Roventini
A. Sapio
Complexity and the Economics of Climate Change: a Survey and a Look Forward Ecological Economics
Evolutionary Macro
34/2016
G. Dosi
M. E. Virgillito
In Order to Stand up You Must Keep Cycling: Change and Coordination in Complex Evolving Economies Structural Change and Economic Dynamics
Finance and macroeconomic instability: models and empirical applications
1/2017
M. Guerini
A. Moneta
M. Napoletano
A. Roventini
The Janus-Faced Nature of Debt: Results from a Data-Driven Cointegrated SVAR Approach Macroeconomic Dynamics
Agent-based macro: methodology and validation protocols
5/2017
F. Lamperti
A. Roventini
A. Sani
Agent-Based Model Calibration using Machine Learning Surrogates Journal of Economic Dynamics and Control
Macro agent-based models
20/2017
E. Russo Harrodian instability in decentralized economies: an agent-based approach
The macroeconomics of climate change: theory and models
22/2017
F. Lamperti
G. Dosi
M. Napoletano
A. Roventini
A. Sapio
Faraway, so Close: Coupled Climate and Economic Dynamics in an Agent-Based Integrated Assessment Model Ecological Economics
Agent-based macro: methodology and validation protocols
24/2017
G. Dosi
A. Roventini
Agent-Based Macroeconomics and Classical Political Economy: Some Italian Roots Italian Economic Journal
Agent-based macro: methodology and validation protocols
25/2017
G. Fagiolo
M. Guerini
F. Lamperti
A. Moneta
A. Roventini
Validation of Agent-Based Models in Economics and Finance
Finance and macroeconomic instability: models and empirical applications
26/2017
G. Bottazzi
L. Li
A. Secchi
Aggregate fluctuations and the distribution of firm growth rates
Macro agent-based models
31/2017
G. Dosi
A. Roventini
E. Russo
Endogenous growth and global divergence in a multi-country agent-based model
Macro agent-based models
8/2018
G. Dosi
M. Napoletano
A. Roventini
J. E. Stiglitz
T. Treibich
Rational Heuristics? Expectations and Behaviors in Evolving. Economies with Heterogeneous Interacting Agents
Finance and macroeconomic instability: models and empirical applications
10/2018
M. Guerini
F. Lamperti
A. Mazzocchetti
Unconventional Monetary Policy: Between the Past and Future of Monetary Economics
Evolutionary macro
24/2018
W. Semmler
B. Young
Re-Booting Europe: What kind of Fiscal Union – What kind of Social Union?