Results 71 to 80 of about 225 (202)
Neoliberalism is not dead - On political implications of Covid-19. [PDF]
Šumonja M.
europepmc +1 more source
Tax Progressivity, Public Debt, and Growth in a Neo‐Kaleckian Model
ABSTRACT We develop a neo‐Kaleckian growth‐and‐distribution model featuring two classes of workers and a progressive income tax. Two fiscal closures are considered: balanced budgets and deficit financing via public debt. We study the responses to shocks, including changes in functional income distribution, and assess how tax progressivity alters demand
Tailiny Ventura +2 more
wiley +1 more source
Racial Inequality, Growth and Distribution
ABSTRACT A post‐Keynesian‐Kaleckian model along structuralist lines is developed to incorporate the issue of racial inequality into the analysis of growth and distribution. It draws on ideas presented in the literature about the relationship between class inequality between capitalists and workers, and racial inequality between White and Black workers,
Amitava Krishna Dutt
wiley +1 more source
Most industrialised countries have peaked carbon dioxide emissions during economic crises through strengthened structural change. [PDF]
Bersalli G, Tröndle T, Lilliestam J.
europepmc +1 more source
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
Investigating the potential role of innovation and clean energy in mitigating the ecological footprint in N11 countries. [PDF]
Sherif M, Ibrahiem DM, El-Aasar KM.
europepmc +1 more source
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
The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley +1 more source
The changing governance of welfare: revisiting Jessop's framework in the context of healthcare. [PDF]
Greener I.
europepmc +1 more source
ABSTRACT The paper examines the macroeconomic effects of public investment in emerging market and developing economies (EMDEs). To this end the analysis develops a new measure of public investment shocks based on cyclically adjusted government investment.
Amat Adarov +2 more
wiley +1 more source

