“...This paper extends the theoretical concept of wage‐led and profit‐led demand regimes by incorporating relative consumption concerns. Specifically, it...”

“...A non‐linear model is applied, where suddenly strong spurts of exports occur when changes of the exchange rate go beyond a zone of inaction, which we call...”

“...This paper deals with the problem of new intermediate products within a simple model, where production is circular and goods enter into the production of other...”

“...ABSTRACT There are regular counterclockwise cycles involving capacity utilization u (horizontal axis) and the labor share ψ (vertical axis) in the US economy...”

“...We investigate the interaction between demand‐driven growth and income distribution in open economies, by combining expenditure‐switching and demand spillover...”

“...We present a steady state analysis of a labor‐constrained classical growth model with endogenous direction and intensity of technical change. Firms use...”

“...In this paper we study the effects of raising the mandatory retirement age in the neoclassical growth model context. It is shown that postponement of the...”

“...ABSTRACT This paper clarifies key differences between Harrodian and Keynesian theories and policies, and develops a classical alternative to both. The...”

“...This essay reviews Thomas Piketty's Capital in the Twenty‐First Century. The focus is upon the conceptual framework and theoretical interpretation of the...”