Search Results - "Review of Political Economy"

The (Over)Cost of Capital: Financialization and Nonfinancial Corporations in France (1961-2011) by Cordonnier, Laurent, Dallery, Thomas, Duwicquet, Vincent, Melmies, Jordan, Van de velde, Franck

“…The term 'financialization' is often used to describe the major changes that occurred in the macroeconomic regimes of most developed and, to a lesser extent,…”
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The Complexity Era in Economics by Holt, Richard P.F., Rosser, J. Barkley, Colander, David

“…This article argues that the neoclassical era in economics has ended and is being replaced by a new era. What best characterizes the new era is its acceptance…”
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The changing face of mainstream economics by Colander, David, Holt, Richard, Rosser, Barkley

“…This article argues that economics is currently undergoing a fundamental shift in its method, away from neoclassical economics and into something new. Although…”
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Heterodox Economics and its Critics by Lee, Frederic S.

“…Heterodox economics has its critics. Most of the criticisms are friendly comments and analysis directed towards improving heterodox economic theory. However,…”
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Gender, Distribution, and Balance of Payments Constrained Growth in Developing Countries by Seguino, Stephanie

“…An unresolved debate in the development literature concerns the impact of gender equality on economic growth. Previous studies have found that the effect…”
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Conflicting Claims and Equilibrium Adjustment Processes in a Stock-flow Consistent Macroeconomic Model by Dallery, Thomas, van Treeck, Till

“…We revisit the old but still vibrant Post-Keynesian debate over 'fully-adjusted positions', defined by the long-run equality of actual and standard utilisation…”
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Macroeconomic Policy Mix, Employment and Inflation in a Post-Keynesian Alternative to the New Consensus Model by Hein, Eckhard, Stockhammer, Engelbert

“…New Consensus Models (NCMs) have been criticised by Post-Keynesians for a variety of reasons, and amendments or alternatives have been presented. The present…”
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The Road to Financialization in Central and Eastern Europe: The Early Policies and Politics of Stabilizing Transition by Gabor, Daniela Veronica

“…Narratives of macroeconomic stabilization played an important part in the financialization of the formerly planned economies. The excess demand narrative, one…”
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The Relative Permanent Income Theory of Consumption: A Synthetic Keynes-Duesenberry-Friedman Model by Palley, Thomas I.

“…This paper presents a theory of consumption that synthesizes the seminal contributions of Keynes (1936), Duesenberry (1948), and Friedman (1957). The model is…”
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Financialisation and Rising Shareholder Power in Kaleckian/Post-Kaleckian Models of Distribution and Growth by Hein, Eckhard, Van Treeck, Till

“…We establish the link between rising shareholder power on the firm level, increasing pressure on labour, and redistribution at the expense of wages, with the…”
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Financial Uncertainty and Business Investment by Stockhammer, Engelbert, Grafl, Lucas

“…The paper contributes to the empirical analysis of financial uncertainty and investment from a Post Keynesian perspective. The paper uses the volatility of the…”
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Beyond Utilitarianism and Deontology: Ethics in Economics by Van Staveren, Irene

“…This article starts from a methodological position that fact and value are mutually related, both in the real world and in economic analysis. It then discusses…”
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The New Consensus on Monetary Policy and its Post-Keynesian Critique by Kriesler, Peter, Lavoie, Marc

“…This paper seeks to look at the underlying framework of the New Consensus models, providing a Post-Keynesian critique. In the light of this critique, the model…”
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Is Sen's Capability Approach an Adequate Basis for Considering Human Development? by Gasper, Des

“…Sen's capability approach (SCA) has supported valuable work on Human Development (HD). It has brought attention to a much wider range of information on…”
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Perspectives for Post-Keynesian Economics by Lavoie, Marc

“…The paper reviews and assesses the negative and positive advice which has been offered by various fellow economists to heterodox economists in general, and…”
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A Perspective on Minsky Moments: Revisiting the Core of the Financial Instability Hypothesis by Vercelli, Alessandro

“…This paper aims to bridge the gap between theory and facts on the so-called 'Minsky moments' by revisiting the financial instability hypothesis (FIH). We limit…”
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Post Keynesians and Others by King, J. E.

“…I begin by considering four alternative positions on the correct relationship between Post Keynesians and mainstream economics: opposition, cooperation,…”
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Post Keynesianism, Heterodoxy and Mainstream Economics by Dequech, David

“…After briefly presenting the concepts of orthodox, mainstream and heterodox economics, and applying them to the contemporary period, this article discusses the…”
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Representing the production and circulation of commodities in material terms: On Sraffa's objectivism by Kurz, Heinz D., Salvadori, Neri

“…The paper discusses Sraffa's interpretation of the classical economists and, following their lead, his elaboration of an objectivist, surplus-based theory of…”
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Cadrisme within a Post-Keynesian Model of Growth and Distribution by Lavoie, Marc

“…The 1990s, especially in the United States, witnessed an unprecedented change in income distribution, with a large redistribution towards rentiers on the one…”
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