2025 - Terranova, R., Cozzarini, C., Reissl, S., and Tavoni, M. (2025), ”Detecting speculation in the market for EU emission allowances”, Energy Economics, 108652, [link ]
2024 - Campiglio, E., Lamperti, F., and Terranova, R. (2024), ”Believe me when I say green! Heterogeneous expectations and climate policy uncertainty”, Journal of Economic Dynamics and Control, 104900, [link ]
2024 - Terranova, R. (2024), "Endogenous beliefs and social influence in a simple macroeconomic framework", Journal of Economic Interaction and Coordination, [link]
2022 - Terranova, R., and Turco, E. M. (2022). Concentration, stagnation and inequality: An agent-based approach. Journal of Economic Behavior & Organization, 193, 569-595. [link ] Awarded with the 2023 William Kapp Prize for best-published paper.
Working Papers
2026 - Terranova, R., Campiglio, E. and Reissl, S. (2026). Policy credibility and speculation in the EU ETS. [link] Under review
2024 - Delli Gatti, D., Terranova, R., Turco, E. (2024). Industrial Policy in Times of Market Power. [link] R&R
2023 - Delli Gatti, D., Terranova, R., and Turco, E. M. (2023) “Mind the Knowledge Gap! The Origins of Declining Business Dynamism in a Macro Agent-Based Model", CESifo Working Paper, 10694. [link] R&R
2021 - Terranova, R. (2021). Does investor sentiment drive M&A? ExSIDE Working Paper Series, 39-2021. [link ]
Work in Progress
2026 - ongoing: "Who owns and controls carbon-intensive production? Ownership and board networks in the world’s most emitting sectors ", coauthored with Francesco Lamperti and Mauro Napoletano
2025 - ongoing: "Negative emissions, positive returns? How financial markets react to carbon removal purchases ", coauthored with Francesco Lamperti and Massimo Tavoni
2025 - ongoing: "The monetary-concentration trap", coauthored with Domenico Delli Gatti, Filippo Gusella, and Enrico Turco
2024 - ongoing: "Transition expectations and policy uncertainty: An experimental approach", coauthored with Emanuele Campiglio, Maria A. Erazo, and Francesco Lamperti
2024 - ongoing: "Navigating electoral cycles and investment dynamics under climate policy uncertainty", coauthored with Emanuele Campiglio, Roberto Fei, and Francesco Lamperti