The primary goal of this paper is to present a distributive proposal for reinterpreting Solow's residual and apply it within the Chilean context. We argue that Solow's residual can only indirectly capture technological phenomena. This critique draws upon the contribution of Felipe and McCombie...

In this paper, Structural Vector Autoregressive (SVAR) models of quarterly data between 2007 and 2021 are estimated to assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of the conventional neo-Goodwinian baseline case, with...

We study the aggregate, distributional, and welfare effects of fiscal policy responses to Germany’s energy crisis using a novel Ten-Agents New-Keynesian (TENK) model. The energy crisis, compounded by the COVID-19 pandemic, led to sharp increases in energy prices, inflation, and significant...