Economic Perspectives Challenging Financialization, Inequality and Crises

Editor: Silvano Cincotti and Marco Raberto, University of Genova, Italy, and Simone Alfarano, University Jaume I, Castellon, Spain


We invite authors to submit papers for the special issue on "Economic Perspectives Challenging Financialization, Inequality and Crises". This special issue follows the MAFIN 2012 workshop ( held in Genova (Italy), on September 19–21, 2012, but is open also to contributions not presented in the workshop.

The special issue aims to present new modeling perspectives in financial economics able to understand the role of the financial sector in determining economic stability, innovation and growth, to devise policies for preventing a major financial crisis and to improve resilience of the economy.

In particular, we welcome contributions on the following topics:

  • Financialization and inequality
  • Financial innovation, systemic risk and macroprudential regulation
  • Debt and asset bubbles, deleveraging and business cycles
  • Euro sovereign debt crisis
  • Functional finance and modern monetary theory
  • Models of financing innovation and growth

Unorthodox methodological approaches will be appreciated, e.g. agent-based modeling and simulation, flow-of-fund analyses and stock-flow consistent modelling, networks economics, statistical equilibrium techniques, institutional and evolutionary economics perspectives, data mining techniques.


Willi Semmler and Pu Chen
Financial Stress, Regime Switching and Macrodynamics: Theory and Empirics for the US, the EU and Non-EU Countries
May 21, 2014 | downloads: 2902 | JEL: E3, G21
Philipp Mundt, Niels Förster, Simone Alfarano, and Mishael Milaković
The Real Versus the Financial Economy: A Global Tale of Stability Versus Volatility
March 31, 2014 | downloads: 3613 | JEL: D21, G14, L10, F01
Shu-Heng Chen, Chia-Ling Chang, and Ming-Chang Wen
Social Networks and Macroeconomic Stability
March 26, 2014 | downloads: 4688 | JEL: C63, D85, E12, E32, E3
Maria Lissowska
Welfare against Growth Gains in Post-Transition Countries. What are the Consequences for Stability?
March 18, 2014 | downloads: 2616 | JEL: I38, J48, P51
Luca Riccetti, Alberto Russo, and Mauro Gallegati
Unemployment Benefits and Financial Leverage in an Agent Based Macroeconomic Model
November 25, 2013 | downloads: 3580 | JEL: E32, C63
Manuel Wäckerle
On the Bottom-up Foundations of the Banking-Macro Nexus
November 06, 2013 | downloads: 3087 | JEL: E02, B25, B52, E41, E51, G21, C63
Matthias Lengnick, Sebastian Krug, and Hans-Werner Wohltmann
Money Creation and Financial Instability: An Agent-Based Credit Network Approach
July 29, 2013 | downloads: 3818 | JEL: C63, E42, E51, G01

Discussion Papers

Olimpia Fontana and Antoine Godin
Securitization, Housing Market and Banking Sector Behavior in a Stock-Flow Consistent Model
February 14, 2013 | downloads: 1825 | JEL: E12, E44, G11 | discussible | 2 comments
Armin Haas, Mathias Onischka, and Markus Fucik
Black Swans, Dragon Kings, and Bayesian Risk Management
February 06, 2013 | downloads: 2938 | JEL: C11, G32, D81, G18 | discussible | 9 comments
Ahmed Hachicha and Hooi Hooi Lean
Inflation, Inflation Uncertainty and Output in Tunisia
January 07, 2013 | downloads: 14233 | JEL: C22, E31 | discussible | 4 comments