Outputs (123)

Are African micro- and small enterprises misunderstood? Unpacking the relationship between work organisation, capability development and innovation (2019)
Journal Article

Mainstream studies on innovation consider innovation processes as necessarily driven by expenditures on formal R&D and the input of engineers and scientists with third-level degrees. This bias in the literature has led to the view that micro- and sma... Read More about Are African micro- and small enterprises misunderstood? Unpacking the relationship between work organisation, capability development and innovation.

Endogenous fluctuations and international business cycles (2019)
Preprint / Working Paper

We introduce equilibrium indeterminacy into a two-country incomplete asset model with imperfect competition to analyze the role of self-fulfilling expectations or beliefs in explaining international business cycles. We show that when self-fulfilling... Read More about Endogenous fluctuations and international business cycles.

Determinants of investment in Turkey: A firm-level investigation (2018)
Journal Article

In this article, we analyze the financing constraints-investment link for the case of Turkey between 1996 and 2013. As different from the existing studies on Turkey, we use a more comprehensive data set that includes both publicly-traded and privatel... Read More about Determinants of investment in Turkey: A firm-level investigation.

Outra fantasia desfeita, outro balanço crítico (2018)
Journal Article

Pricing behavior and the role of trade openness in the transmission of monetary shocks (2018)
Journal Article

© 2018 The empirical evidence on the role of trade openness in the monetary transmission is not conclusive: some studies find that it increases the sensitivity of output to monetary shocks, others find that it does not. Using a New Keynesian open eco... Read More about Pricing behavior and the role of trade openness in the transmission of monetary shocks.

Exports and financing constraints evidence from Turkey (2018)
Journal Article

This paper examines the link between financing constraints and firm exporting behavior through an in-depth study of the Turkish manufacturing firms between 1996 and 2013. Utilizing a rich firm-level data set, we test for both ex-ante and ex-post link... Read More about Exports and financing constraints evidence from Turkey.

The pathology of care (2018)
Journal Article

This research explores two conflicting ethical systems. Neoliberalism’s foundations support an overarching ethic of individual autonomy and individual responsibility. Institutionalism contrasts this conception with a view of human beings as relatio... Read More about The pathology of care.

Absorpcja nadwyżki i marnotrawstwo w neoliberalnym kapitalizmie monopolistycznym (2018)
Book Chapter

W rozwiniętym kapitalizmie monopolistycznym centralnym problemem nie jest to, że rzadkie zasoby zderzają się z wrodzonymi, niezaspokojonymi potrzebami, lecz to, że obfitość produkcji zderza się z nasyconym rynkiem konsumpcyjnym i inwestycyjnym. Aby w... Read More about Absorpcja nadwyżki i marnotrawstwo w neoliberalnym kapitalizmie monopolistycznym.

Can indeterminacy and self-fulfilling expectations solve the international macro puzzles? (2017)
Preprint / Working Paper

We introduce equilibrium indeterminacy into a two-country incomplete asset model with imperfect competition and analyze whether self-fulfilling expectations or beliefs can help resolve the major puzzles of international business cycles. We show that... Read More about Can indeterminacy and self-fulfilling expectations solve the international macro puzzles?.

Monetary policy and exchange rates: A balanced two-country cointegrated var model approach (2017)
Journal Article

We study the exchange rate effects of monetary policy in a balanced macroeconometric two-country model for the United States and United Kingdom. In contrast to the empirical literature, which consistently treats the domestic and foreign countries une... Read More about Monetary policy and exchange rates: A balanced two-country cointegrated var model approach.

Industrial policy and exchange rate scepticism (2017)
Journal Article

The aim of the present paper is to put in historical perspective the development thinking on the relationship between industrial and exchange rate policies. The first section focuses on the thought of the so-called pioneers of development economics,... Read More about Industrial policy and exchange rate scepticism.

Heterodox economics and theories of interactive agency (2017)
Book Chapter

Agency is power—the power to act and the power to choose, the power to imagine, and the power to understand, engage, and manipulate the surrounding biological and social environment. Mainstream economics defines agency in terms of methodological indi... Read More about Heterodox economics and theories of interactive agency.

Modelling the sectoral allocation of labour in open economy models (2017)
Journal Article

© 2017 Canadian Economics Association Indivisible labour is not the only type of non-convexity affecting labour supply decisions. Another type of non-convexity arises in economies with sectors whenever individuals can work in only one sector at a tim... Read More about Modelling the sectoral allocation of labour in open economy models.

Care and the Neoliberal Individual (2017)
Journal Article

© 2017, Journal of Economic Issues / Association for Evolutionary Economics. Abstract: This article explores two conflicting ethical systems: neoliberalism and institutionalism. Neoliberalism’s foundations support an overarching ethic of individual a... Read More about Care and the Neoliberal Individual.

A mixed methods approach to investment behavior (2016)
Book Chapter

Despite the important methodological critiques of the mainstream offered by heterodox economics, the dominant research method taught in heterodox programmes remains econometrics. This compelling Handbook provides a comprehensive introduction to a ran... Read More about A mixed methods approach to investment behavior.

Puzzling Global Stochastic Trends in Growth, Interest and Inflation and the Volcker Disinflation (2016)
Journal Article

© 2016 The University of Manchester and John Wiley & Sons Ltd This paper aims to identify the stable long-run relationships as well as unstable driving forces of the world economy using a small aggregated cointegrated VAR model encompassing quarter... Read More about Puzzling Global Stochastic Trends in Growth, Interest and Inflation and the Volcker Disinflation.

Growth, distribution, and sectoral heterogeneity: Reading the Kaleckians in Latin America (2016)
Journal Article

The aim of this paper is to explore a parallelism between two episodes in the history of economic thought in order to suggest that the interaction between them can contribute to the research on Kaleckian growth and distribution models. First, a brief... Read More about Growth, distribution, and sectoral heterogeneity: Reading the Kaleckians in Latin America.

Surplus absorption and waste in monopoly capitalism (2016)
Journal Article

The central problem in capitalism today is not one of scarce resources clashing against innate, insatiable wants. Rather, the modern problem of monopoly capitalism is one of abundance of production clashing against scarcity of consumers. In order to... Read More about Surplus absorption and waste in monopoly capitalism.

Neoliberalism, Polanyi’s Protective Response, and Veblenian Waste (2016)
Journal Article

© 2016, Journal of Economic Issues / Association for Evolutionary Economics. Abstract: As capitalism unfolds, continual technological advance — in combination with the relentless accumulation imperative — serves to amplify material progress. The expa... Read More about Neoliberalism, Polanyi’s Protective Response, and Veblenian Waste.

Immanent Critique, Enabling Myths, and the Neoliberal Narrative (2015)
Journal Article

© 2015, © 2015 Union for Radical Political Economics. This research aims to untangle and critically assess the core enabling myths of neoliberalism. The first step is to outline in brief the method of immanent critique, how it works, as well as its a... Read More about Immanent Critique, Enabling Myths, and the Neoliberal Narrative.