Search Results - "Review of political economy"
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A World of Contrasted but Interdependent Inequality Regimes: China, United States and the European Union
Published in Review of political economy (02-10-2015)“…A number of contemporary paradoxes warrant explanation. First, in China, economic development has reduced poverty but dramatically increased inequalities…”
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Growth Rate and Level Effects, the Stability of the Adjustment of Capacity to Demand and the Sraffian Supermultiplier
Published in Review of political economy (03-07-2015)“…The paper presents a simple but complete formal version of the Sraffian supermultiplier model in which (i) growth is led by the autonomous components of demand…”
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3
A Dynamic Theory of Public Banks (and Why it Matters)
Published in Review of political economy (03-04-2022)“…Public banks are pervasive, with more than 900 worldwide, and powerful, having assets nearing $49 trillion. Yet they are too often perceived as static…”
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Monetary Policy and Personal Income Distribution: A Survey of the Empirical Literature
Published in Review of political economy (2023)“…The purpose of this paper is to conduct a survey of the recent literature that evaluates, in an empirical way, the distributional impacts of monetary policy…”
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Growth Theory and the Growth Model Perspective: Insights from the Supermultiplier
Published in Review of political economy (02-07-2024)“…Recently, demand-led growth theories reshaped the study of comparative political economy. Since the Baccaro and Pontusson critique of Varieties of Capitalism,…”
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Conflictual Inflation and the Phillips Curve
Published in Review of political economy (01-10-2024)“…This paper presents a pedagogical guide to conflictual inflation, showing the similarities and differences between the post-Keynesian analysis and the…”
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7
Inflation and Conflicting Claims in the Open Economy
Published in Review of political economy (03-07-2023)“…Exchange rates and international prices are fundamental to explaining inflation in open economies. Conflict inflation models account for these variables by…”
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Tying Your Hands and Getting Stuck? The European Origins of Italy's Economic Stagnation
Published in Review of political economy (02-07-2024)“…The dominant interpretation of Italian economic stagnation in the last decades is that this is due to insufficient liberalisation, but an alternative…”
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9
The Conflict Theory of Inflation Revisited
Published in Review of political economy (01-10-2024)“…This article develops ideas contained in a previous paper on conflict inflation (Rowthorn [1977]. 'Conflict, Inflation and Money.' Cambridge Journal of…”
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10
Inflation in OECD Countries: An Empirical Assessment of a Structuralist Theory of Inflation
Published in Review of political economy (01-10-2024)“…This paper is an empirical examination of the structuralist theory of inflation. We extend the previous literature by assembling a dataset of 21 OECD countries…”
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Conflict, Inertia, and Phillips Curve from a Sraffian Standpoint
Published in Review of political economy (01-10-2024)“…The recent post-Keynesian debate on conflict inflation revolves around plausible magnitudes of the parameters of the standard model. We assess this debate by…”
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12
Are Firm Markups Boosting Inflation? A Post-Keynesian Institutionalist Approach to Markup Inflation in Select Industrialized Countries
Published in Review of political economy (02-07-2024)“…Starting in 2021, the current inflation process has spurred plenty of discussion in academic and policy circles. This paper studies the relationship between…”
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13
Putting Austerity to Bed: Technical Progress, Aggregate Demand and the Supermultiplier
Published in Review of political economy (03-07-2019)“…The paper investigates the determinants of private investment and economic growth from a theoretical perspective. We start with a critical analysis of the…”
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14
The Political Benefits of 'Unconventional' Monetary Policies in Times of Crisis
Published in Review of political economy (02-04-2024)“…Since the global financial crisis burst in 2008, central bankers have been at centre stage in addressing its negative consequences across the economic systems…”
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15
Stratification Economics and Occupational Prestige: A Theoretical and Empirical Approach
Published in Review of political economy (01-10-2024)“…A number of researchers in various fields of study have made important contributions regarding labor market disparities. While the notion of occupational…”
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The New Forms of Economic Dominance in Latin American Economies in the Globalised Era: A Glance at Mexico's Financial System
Published in Review of political economy (02-07-2024)“…In this paper, we discuss whether economic backwardness in Latin American countries is due to financial limitations (currency weakness and reduced liquidity)…”
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17
The Taylor Rule and its Aftermath: An Interpretation Along Classical-Keynesian Lines
Published in Review of political economy (02-04-2024)“…The aim of this paper is to assess to what extent the Taylor rule can be considered an appropriate representation of the tendency of central banks to react to…”
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18
Housing is NOT ONLY the Business Cycle: A Luxemburg-Kalecki External Market Empirical Investigation for the United States
Published in Review of political economy (2022)“…We study the residential investment-economic activity nexus in the United States during the period 1960-2020. We find evidence of symmetric and asymmetric…”
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Lessons for the Age of Consequences: COVID-19 and the Macroeconomy
Published in Review of political economy (03-07-2023)“…Comparative empirical evidence for 22 OECD countries shows that country differences in cumulative mortality impacts of SARS-CoV-2 are caused by weaknesses in…”
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20
Kaleckian Models of Conflict Inflation, Distribution and Employment: A Comparative Analysis
Published in Review of political economy (01-10-2024)“…This paper conducts a systematic comparison of two main textbook variants within the Kaleckian tradition of post-Keynesian conflict inflation and distribution…”
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