Results 161 to 170 of about 13,464 (272)

Luigi Pasinetti and Adolph Lowe: Bridging Capital Theory and Institutional Analysis

open access: yesMetroeconomica, Volume 77, Issue 3, Page 265-273, July 2026.
ABSTRACT This article examines the convergence of Luigi Pasinetti's and Adolph Lowe's political economy, linking capital theory, institutions, and normative methodology. Pasinetti's two‐stage approach and Lowe's instrumental method share a common emphasis on the structural requirements and institutional arrangements for attaining and maintaining full ...
Michael J. Murray
wiley   +1 more source

A Simple Model of Geopolitical Risk and Sanctions

open access: yesScottish Journal of Political Economy, Volume 73, Issue 3, July 2026.
ABSTRACT Geopolitical risk (GPR) shocks that trigger the imposition of sanctions tend to lower output and raise inflation in the sanctioned country. We develop a three‐equation small open economy New Keynesian model where GPR shocks are modeled as negative productivity shocks and sanctions manifest as import tariffs in response to GPR increases.
Vivien Lewis, Sirikorn Puangjit
wiley   +1 more source

Strategy for Economic Growth in Brazil: a Post Keynesian Approach [PDF]

open access: yes
The paper proposes a Keynesian strategy for economic policy that aims to achieve higher, stable and sustained economic growth in Brazil. Its main hypothesis is that the current poor growth performance of the Brazilian economy is due to macroeconomic and ...
José Luís Oreiro   +1 more
core  

Foreign Exchange Regimes in (Normal Times and) Times of War: Insights From Ukraine

open access: yesScottish Journal of Political Economy, Volume 73, Issue 3, July 2026.
ABSTRACT On February 24, 2022, as Russia invaded, the National Bank of Ukraine switched from a flexible to a fixed‐exchange rate regime. Was this optimal? We develop a tractable but carefully calibrated open‐economy model of Ukraine with nominal rigidities and frictions in international financial markets.
Oliver de Groot, Yevhenii Skok
wiley   +1 more source

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