Research

Working Papers

The emission-inequality nexus across stages of development (joint with E. Palagi, T. Perniola) Paper link: https://www.lem.sssup.it/WPLem/files/2025-04.pdf

A complex system perspective on the economics of climate change, boundless risk, and rapid decarbonization (joint with G. Dosi, A. Roventini) Paper link: https://www.lem.sssup.it/WPLem/files/2025-16.pdf

Publications

2025

Policies for rapid decarbonization with steady economic transition and employment creation (joint with C. Wieners, G. Dosi, A. Roventini)
Nature Sustainability
DOI: https://doi.org/10.1038/s41893-025-01683-w

Decarbonization with economic growth and job creation (joint with C. Wieners, G. Dosi, A. Roventini)
Nature Sustainability
Link: https://www.nature.com/articles/s41893-025-01679-6

Energy price shocks in the European Union: Macroeconomic impacts, distributional effects and policy responses (joint with E. Kremer, S. Reissl, L. Fierro, J. Emmerling, A. Roventini)
Energy Economics
DOI: https://doi.org/10.1016/j.eneco.2025.108979

The DSK stock-flow consistent agent-based integrated assessment model (joint with S. Reissl, L. Fierro, A. Roventini)
Ecological Economics
DOI: https://doi.org/10.1016/j.ecolecon.2025.108641

The power of bridging decision scales: Model coupling for advanced climate policy analysis (joint with T. Filatova, J. Akkerman, F. Bosello, T. Chatzivasileiadis, I. Cortés Arbués, A. Ghorbani, O. Ivanova, N. Knittel, J. Kwakkel, N. Magliocca, G. Marangoni, S. Nabernegg, A. Pichler, A. Poujon, K. Safarzynska, A. Taberna, M. van Sluisveld, L. Verbeek, T. Wei)
Proceedings of the National Academy of Sciences
DOI: https://doi.org/10.1073/pnas.2411592122

Tackling emissions and inequality: policy insights from an agent-based model (joint with G. Ravaioli, A. Roventini, T. Domingos)
Journal of Economic Behavior & Organization
DOI: https://doi.org/10.1016/j.jebo.2025.107188

2024

Raided by the storm: How three decades of thunderstorms shaped US incomes and wages (joint with M. Coronese, F. Crippa, F. Chiaromonte, A. Roventini)
Journal of Environmental Economics and Management
DOI: https://doi.org/10.1016/j.jeem.2024.103074

The public use of early-stage scientific advances in carbon dioxide removal: a science-technology-policy-media perspective (joint with G. Tripodi, F. Lillo, R. Mavilia, A. Mina, F. Chiaromonte)
Environmental Research Letters
DOI: https://doi.org/10.1088/1748-9326/ad7479

Believe me when I say green! Heterogeneous expectations and climate policy uncertainty (joint with E. Campiglio, R. Terranova)
Journal of Economic Dynamics and Control
DOI: https://doi.org/10.1016/j.jedc.2024.104900

Modelling induced innovation for the low-carbon energy transition: a menu of options (joint with R. Pasqualino, Ben Hinder, Y. Melekh, L. Anadon Diaz, C. Penasco, S. Kolesnikov, S. Hafner, S. Sharpe, P. Barbrook-Johnson, F. Senra De Moura, T. M. Lenton, M. Grubb)
Environmental Research Letters
DOI: https://doi.org/10.1088/1748-9326/ad4c79

2023

Energy efficiency policies in an agent-based macroeconomic model (joint with M. Amendola, A. Roventini, A. Sapio)
Structural Change and Economic Dynamics
DOI: https://doi.org/10.1016/j.strueco.2023.10.003

Driving sustainability transitions through financial tipping points (joint with N. Ameli, H. Chenet, M. Falkenberg, S. Kothari, J. Rickman)
EGUsphere (preprint)
DOI: https://doi.org/10.5194/egusphere-2023-1750

AgriLOVE: agriculture, land-use and technical change in an evolutionary, agent-based model (joint with M. Coronese, M. Occelli, A. Roventini)
Ecological Economics
DOI: https://doi.org/10.1016/j.ecolecon.2023.107756

Mission-oriented policies and the “Entrepreneurial State” at work: An agent-based exploration (joint with G. Dosi, M. Mazzucato, M. Napoletano, A. Roventini)
Journal of Economic Dynamics and Control
DOI: https://doi.org/10.1016/j.jedc.2023.104650

On the employment and health impact of the COVID-19 shock on Italian regions: a value chain approach (joint with T. Ferraresi, L. Ghezzi, F. Vanni, A. Caiani, M. Guerini, A. Roventini)
Regional Studies
DOI: https://doi.org/10.1080/00343404.2023.2189508

A regional input-output model of the COVID-19 crisis in Italy: decomposing demand and supply factors (joint with S. Reissl, A. Caiani, T. Ferraresi, L. Ghezzi)
Economic Systems Research
DOI: https://doi.org/10.1080/09535314.2023.2213394

2022

Climate change and the nonlinear impact of precipitation anomalies on income inequality (joint with E. Palagi, M. Coronese, A. Roventini)
Proceedings of the National Academy of Sciences
DOI: https://doi.org/10.1073/pnas.2203595119

Beyond climate economics orthodoxy: impacts and policies in the agent-based integrated-assessment DSK model (joint with A. Roventini)
European Journal of Economics and Economic Policies: Intervention
DOI: https://doi.org/10.4337/ejeep.2022.0096

Automated and distributed statistical analysis of economic agent-based models (joint with A. Vandin, D. Giachini, F. Chiaromonte)
Journal of Economic Dynamics and Control
DOI: https://doi.org/10.1016/j.jedc.2022.104458

Assessing the economic effects of lockdowns in Italy: a dynamic input-output approach (joint with S. Reissl, A. Caiani, M. Guerini, F. Vanni, G. Fagiolo, A. Roventini)
Industrial and Corporate Change
DOI: https://doi.org/10.1093/icc/dtac003

Unconventional monetary policies in an agent-based model with mark-to-market standards (joint with M. Guerini, M. Napoletano, A. Roventini, T. Treibich)
Review of Evolutionary Political Economy
DOI: https://doi.org/10.1007/s43253-022-00065-8

2021

Three green financial policies to address climate risks (joint with V. Bosetti, A. Roventini, M. Tavoni, T. Treibich)
Journal of Financial Stability
DOI: https://doi.org/10.1016/j.jfs.2021.100875

2020

Reply to Geiger and Stomper: On capital intensity and observed increases in the economic damages of extreme natural disasters (joint with M. Coronese, K. Keller, F. Chiaromonte, A. Roventini)
Proceedings of the National Academy of Sciences
DOI: https://doi.org/10.1073/pnas.1922722117

2019

Climate change and green transitions in an agent-based integrated assessment model (joint with G. Dosi, M. Napoletano, A. Roventini, A. Sapio)
Technological Forecasting and Social Change
DOI: https://doi.org/10.1016/j.techfore.2019.119806

The green transition: public policy, finance and the role of the State (joint with M. Mazzucato, A. Roventini, G. Semieniuk)
Vierteljahrshefte zur Wirtschaftsforschung
DOI: https://doi.org/10.3790/vjh.88.2.73

The public costs of climate-induced financial instability (joint with V. Bosetti, A. Roventini, M. Tavoni)
Nature Climate Change
DOI: https://doi.org/10.1038/s41558-019-0607-5

Evidence for sharp increase in the economic damages of extreme natural disasters (joint with M. Coronese, K. Keller, F. Chiaromonte, A. Roventini)
Proceedings of the National Academy of Sciences
DOI: https://doi.org/10.1073/pnas.1907826116

Do science parks sustain or trigger innovation? Empirical evidence from Italy (joint with N. Corrocher, R. Mavilia)
Technological Forecasting and Social Change
DOI: https://doi.org/10.1016/j.techfore.2019.07.005

Does the position in the inter-sectoral knowledge space affect the international competitiveness of industries? (joint with F. Malerba, R. Mavilia, G. Tripodi)
Economics of Innovation and New Technology
DOI: https://doi.org/10.1080/10438599.2019.1633113

2018

Green transitions and the prevention of environmental disasters: market-based vs. command-and-control policies (joint with M. Napoletano, A. Roventini)
Macroeconomic Dynamics
DOI: https://doi.org/10.1017/S1365100518001001

Unconventional Monetary Policy in the USA and in Europe (joint with M. Guerini, A. Mazzocchetti)
European Union: Post Crisis Challenges and Prospects for Growth (book chapter)
DOI: https://doi.org/10.1007/978-3-030-18103-1_3

Validation of agent-based models in economics and finance (joint with G. Fagiolo, M. Guerini, A. Moneta, A. Roventini)
Computer Simulation Validation (book chapter)
DOI: https://doi.org/10.1007/978-3-319-70766-2_31

Towards agent-based integrated assessment models: examples, challenges, and future developments (joint with A. Mandel, M. Napoletano, A. Sapio, A. Roventini, T. Balint, I. Khorenzhenko)
Regional Environmental Change
DOI: https://doi.org/10.1007/s10113-018-1287-9

Climate Risks, Economics and Finance: Insights from Complex Systems (joint with I. Monasterolo, A. Roventini)
The Systemic Turn in Human and Natural Sciences (book chapter)
DOI: https://doi.org/10.1007/978-3-030-00725-6_6

Faraway, so close: coupled climate and economic dynamics in an agent-based integrated assessment model (joint with G. Dosi, M. Napoletano, A. Roventini, A. Sapio)
Ecological Economics
DOI: https://doi.org/10.1016/j.ecolecon.2018.03.023

Agent-based model calibration using machine learning surrogates (joint with A. Roventini, A. Sani)
Journal of Economic Dynamics and Control
DOI: https://doi.org/10.1016/j.jedc.2018.03.011

Positive tipping points in a rapidly warming world (joint with J. D. Tàbara, N. Frantzeskaki, K. Hölscher, S. Pedde, K. Kok, J. H. Christensen, J. Jager, P. Berry)
Current Opinion in Environmental Sustainability
DOI: https://doi.org/10.1016/j.cosust.2018.01.012

Going up and down: Rethinking the empirics of growth in the developing and newly industrialized world (joint with C. E. Mattei)
Journal of Evolutionary Economics
DOI: https://doi.org/10.1007/s00191-018-0551-y

Unconventional monetary policy: between the past and future of monetary economics (joint with M. Guerini, A. Mazzocchetti)
European Journal of Economics and Economic Policies: Intervention
DOI: https://doi.org/10.4337/ejeep.2018.0036

2017

Empirical validation of simulated models through the GSL-div: an illustrative application
Journal of Economic Interaction and Coordination
DOI: https://doi.org/10.1007/s11403-017-0206-3

An information theoretic criterion for empirical validation of simulation models
Econometrics and Statistics
DOI: https://doi.org/10.1016/j.ecosta.2017.01.006

Complexity and the economics of climate change: a survey and a look forward (joint with T. Balint, A. Mandel, M. Napoletano, A. Roventini, A. Sapio)
Ecological Economics
DOI: https://doi.org/10.1016/j.ecolecon.2017.03.032

2016

Persistence of innovation and knowledge flows in Africa: an empirical investigation (joint with R. Mavilia, M. Giometti)
Innovation and Development
DOI: https://doi.org/10.1080/2157930X.2016.1196547

2015

The role of Science Parks: a puzzle of growth, innovation and R&D investments (joint with R. Mavilia, S. Castellini)
The Journal of Technology Transfer
DOI: https://doi.org/10.1007/s10961-015-9455-2

Looking for best performers: a pilot study towards the evaluation of science parks (joint with M. Ferrara, R. Mavilia)
Scientometrics
DOI: https://doi.org/10.1007/s11192-015-1804-2