Listar Departament: Economia por autoría "da5a2d1f-4567-4774-8e5c-1f8260e01d2b"

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    • closedAccess   Market power, technical progress and financial fragility 

      Delli Gatti, Domenico; GALLEGATI, MARCO; Palestrini, Antonio; Tedeschi, Gabriele; Vidal-Tomás, David Elsevier (2024)
      We explore the nexus of market power, innovation and financial fragility by means of a macroeconomic agent based model whose core is the Dixit-Greenwald-Stiglitz (DGS) theory of firm behaviour, which nests the Greenwald-Stiglitz ...

    • closedAccess   The macroeconomic effects of default and debt restructuring: An agent based exploration 

      Tedeschi, Gabriele; Vidal-Tomás, David; Delli Gatti, Domenico; GALLEGATI, MARCO Elsevier (2021-08-20)
      In this paper we investigate the economic impact of bank reactions to firm financial delinquency. In case of firm liquidity shortage, indeed, the bank commonly proposes two different solutions of debt restructuring to help ...