Research
My research focuses on (i) the theoretical and empirical analysis of economic fluctuations with heterogeneous agents and bounded rationality, (ii) the relationship between Global Value Chains and exports in Agent Based Model setting, (iii) the relationship between financial instability and the increase of wealth inequality .
List of publications
Gusella, Filippo & Ricchiuti, Giorgio (2024). Endogenous cycles in heterogeneous agent models: a state-space approach. Journal of Evolutionary Economics. https://doi.org/10.1007/s00191-024-00870-w
Delli Gatti, Domenico, Ferraresi, Tommaso, Gusella, Filippo, Popyan, Lilith,Ricchiuti, Giorgio & Roventini, Andrea (2024). The Interplay between Real and Exchange Rate Market: an Agent-Based Model Approach. Available at SSRN: https://ssrn.com/abstract=4903314. Codice ISSN: 1556-5068
Delli Gatti, Domenico, Gusella, Filippo & Ricchiuti, Giorgio (2024). Endogenous vs Exogenous Instability: An Out-of-Sample Comparison (2024). CESifo Working Paper No. 11082. Codice ISSN: 2364-1428
Gusella, Filippo (2022). Detecting and Measuring Financial Cycles in Heterogeneous Agents Models: An Empirical Analysis. Advances in Complex Systems.Vol. 25, No. 02n03, 2240002.
Gusella, Filippo & Variato, Anna Maria (2022). Financial Instability and Income Inequality: Why the Minsky– Piketty Connection Matters for Macroeconomics. Review of Political Economy. 1-34.
Gusella, Filippo & Ricchiuti, Giorgio (2022). A State Space Approach for Time-Series Prediction of an Heterogeneous Agents Model. Working Papers - Economics wp2022-20, Università degli Studi di Firenze, Dipartimento di Scienze per l’Economia e l’Impresa.
Gusella, Filippo & Stockhammer, Engelbert (2021). Testing fundamentalist-momentum trader financial cycles. An empirical analysis via the Kalman filter. Metroeconomica, 72(4), 758-797
Gusella, Filippo (2020). Notes on Piketty’s model. Quaderni del Dipartimento di Economia Politica e Statistica. University of Siena. Working Paper N. 830/2020. Codice ISSN: 17209668.
Gusella, Filippo (2020). Essays on Economic Inequality and Financial Instability. Phd Thesis..
Gusella, Filippo (2019). Modelling Minskyan financial cycles with fundamentalist and extrapolative price strategies: An empirical analysis via the Kalman filter approach. Working Paper N. 24/2019 del Dipartimento di Scienze Economiche, Facoltà di Economia, Università degli Studi di Firenze.