Results 221 to 230 of about 50,619 (286)

Output Gap Uncertainty, Sovereign Risk Premia and the Contingent Importance of the Bond Vigilantes

open access: yesMetroeconomica, EarlyView.
ABSTRACT This paper investigates the implications of output gap uncertainty for the conduct of fiscal policy using a small‐scale macroeconomic model with boundedly rational agents. Specifically, agents use an adaptive updating mechanism to approximate the unobservable potential output that suffers, similarly to the Hodrick and Prescott (1997) filter ...
Christian R. Proaño, Jonas Dix
wiley   +1 more source

Pseudo, or Not? Neo‐Goodwinian Growth Cycles With Financial Linkages

open access: yesMetroeconomica, EarlyView.
ABSTRACT A profit‐led Goodwin mechanism generates the observed counterclockwise activity–labor share cycle. Introducing a financial linkage can reproduce this pattern even when demand is not profit‐led. This paper extends neo‐Goodwinian theory by incorporating the valuation ratio into a four‐dimensional model.
Rudiger von Arnim, Luis Felipe Eick
wiley   +1 more source

Contractionary Effects of Devaluation and the Balance Sheet Effect in a Macroeconomic Model With Heterogeneous Firms

open access: yesMetroeconomica, EarlyView.
ABSTRACT We propose a demand‐led heterogeneous firm macroeconomic model to study the impact of an exchange rate devaluation on output and financial stability. We simulate the model and find that, in the presence of foreign debt, a devaluation can have contractionary effects.
Lucca Gustafson Rodrigues   +2 more
wiley   +1 more source

Revising Structuralism in Times of Crisis: Lance Taylor and the Neo‐Structuralist Synthesis in the 1980s

open access: yesMetroeconomica, EarlyView.
ABSTRACT This article places the work of Lance Taylor in the broader context of efforts in the 1980s to renew the structuralist tradition of development economics, into what was then newly coined as neo‐structuralism. These efforts centred around three groups: CEPAL, Lance Taylor and his team at MIT, and a group of economists based at the Institute of ...
Andrew M. Fischer
wiley   +1 more source

Outsourcing Domestic Work in the Crisis of Social Reproduction: Platform‐Mediated Cleaning and the Role of Clients

open access: yesNew Technology, Work and Employment, EarlyView.
ABSTRACT Amid the crisis of social reproduction, outsourcing domestic work has become increasingly appealing, with labour platforms offering new avenues to do so. This article explores the largely overlooked perspective of clients using platform‐mediated cleaning services, focusing on Helpling in Germany.
Stefanie Gerold   +4 more
wiley   +1 more source

Understanding Online Freelancers' Labour Agency at the Intersection of Platforms, Wider Labour Markets, and Households: Evidence From the Philippines

open access: yesNew Technology, Work and Employment, EarlyView.
ABSTRACT Research on the labour agency of remote‐based online freelancers has often struggled to account for the interplay between platform dynamics, broader labour market conditions, and gendered household responsibilities. This article addresses this gap by proposing an integrated analytical framework that synthesises these dimensions to examine how ...
Jorien H. Oprins
wiley   +1 more source

Home - About - Disclaimer - Privacy