My main research interests are in Macroeconomics, Monetary Economics, and Economic Simulation, in particular Agent Based and Stock Flow Consistent macro-modeling.

2024

• "Fiscal Transfers and Common Debt in a Monetary Union: A Multi-Country Agent Based-Stock Flow Consistent Model" (Caiani, A., Catullo, E., 2024), Industrial and Corporate Change, first online.

• "A regional Input-Output model of the Covid-19 crisis in Italy: decomposing demand and supply factors" (Reissl, S., Caiani, A., Lamperti, F., Ferraresi, T., Ghezzi, L., 2024), Economic Systems Research, Vol.36, No.1, pp.100-130.

• "On the employment and health impact of the COVID-19 shock on Italian regions: A value chain approach" (Ferraresi, T., Ghezzi, L., Vanni, F., Caiani, A., Guerini, M., Lamperti, F., Reissl, S., L., Fagiolo, G., Napoletano, M., and Roventini, A., 2024), Regional Studies, Vol.58, No.3, pp. 490-506.

2022

• “Automation, job polarisation, and structural change” (Fierro, L., Caiani, A., Russo, A., 2022), Journal of Economic Behavior & Organization (Elsevier), Vol. 200, pp. 499-535.

• "Assessing the economic effects of lockdowns in Italy: a dynamic Input-Output approach" (Reissl, S., Caiani, A., Lamperti, F., Guerini, M., Vanni, F., Fagiolo, G., Ferraresi, T., Ghezzi, L., Napoletano, M, Roventini, A., 2022), Industrial and Corporate Change  (Oxford University Press), Vol. 31 No.2 , pp.358–409.

2020

• “Are Higher Wages Good for Business? An Assessment Under Alternative Innovation and Investment Scenarios” (Caiani, A., Russo, A. and Gallegati, M.), Macroeconomic Dynamics (Cambridge University Press), Vol.4 No.1, pp.191-230

2019

• “The Effects of Alternative Wage Regimes in a Monetary Union: A Multi-Country Agent Based-Stock Flow Consistent Model” (Caiani, A., Catullo, E. and Gallegati, M., 2019), Journal of Economic Behavior & Organization (Elsevier), 6/2019, Vol. 162, pp. 389-416. 

2018

• “The Effects of Fiscal Targets in a Monetary Union: a Multi-Country Agent Based-Stock Flow Consistent Model” (Caiani, A., Catullo, E. and Gallegati, M., 2018), Industrial and Corporate Change (Oxford University Press), 12/2018, Vol.27(6), pp.1123-1154 

• “Does Inequality Hamper Innovation and Growth?” (Caiani, A., Russo, A. and Gallegati, M., 2018), Journal of Evolutionary Economics (Springer), 2/2018, Vol.29 (1), pp.177-228.

• “Monetary Policy Transmission in a Macroeconomic Agent Based Model” (Schasfoort, J., Godin, A., Bezemer, D., Caiani, A., and Kinsella, S., 2018), Advances in Complex Systems (World Scientific) 2018; Vol. 25(1).  

2017

• “Innovation Dynamics and Industry Structure under Different Technological Spaces” (Caiani, A.), Italian Economic Journal (Springer), former Rivista Italiana degli Economisti, 03/2017; Vol.3(3). 

2016

• “Agent Based-Stock Flow Consistent Macroeconomics: Towards a Benchmark Model” (Caiani, A., Godin, A., Caverzasi, E., Gallegati, M., Kinsella, S. and Stiglitz, J.),  Journal of Economic Dynamics and Control (Elsevier), 6/2016, Vol.69. 

2014

• “Innovation and Finance: a Stock flow Consistent Analysis of Great Surges of Development” (Caiani, A., Godin, A., and Lucarelli, S.), Journal of Evolutionary Economics (Springer) 03/2014; Vol 24(2). 

• “A Stock Flow Consistent Analysis of a Schumpeterian Innovation Economy” (Caiani, A., Godin, A., and Lucarelli, S., 2014), Metroeconomica (Wiley), 7/2014, Vol. 65(3). 

• “Contemporary Capitalism as a New Monetary Economy of Production” (Caiani, A., Lucarelli, S., and Funagalli, A.), Forum for Social Economics (Taylor and Francis) 09/2014; Vol. 43(3) 

Book Chapters

2018

• “Decentralized Interacting Macroeconomic Models and the Agent Based "Modellaccio” (Caiani, A. and Caverzasi, E., 2017) in Russo, A., Palestrini, Gallegati, M. (Eds.) “Introduction to Agent-Based Economics”, Elsevier, 2018. 

2016

• “A simple model of business fluctuations with heterogeneous interacting agents and credit networks” (Bargigli, L., Caiani, A., Russo, A., and Riccetti, L., 2016). Book chapter in Caiani, A., Gallegati, M., Palestrini, A. and Russo, A. (Eds), “Economics with Heterogeneous Interacting Agents: a Practical Guide to Agent Based Modelling”, 10/2016, Springer.

2015

• “Innovation and Finance: an SFC Analysis of Great Surges of Development” (Caiani, A., Godin, A., and Lucarelli, S., 2015). Book chapter in Pyka, A. and Foster, J. (Eds), “The Evolution of Economic and Innovation Systems”, Springer, 2015.

• “The Bank of Italy”, entry for the Elgar “Encyclopedia of Central Banking” (eds. L.P. Rochon and S. Rossi), Edward Elgar Publishing (2015).

2012

• “Why Do We have Business Cycles? A Stock Flow Consistent Explanation” (Caiani, A., Godin, A. and Lucarelli, S.) in “New Perspectives in the Monetary Theory of Production”, Sestante Edizioni (2012).