Over the last three decades, modern capitalist economies have experienced significant changes in the structure of industry, the nature of production and the organisation of work. There has been a decline in traditional industries such as manufacturing, construction and mining and a growth in...

Incomes policy started with the San Valentine's decree of 1984, which marks the beginning of the process that led to the abolishment of Scala Mobile and reached its peak with the Protocollo d'intesa of 1993. The work proposes to study by cointegration analysis the effects of incomes policy on...

Zusammenfassung Adäquation (älterer Ausdruck: Korrespondenz) meint ganz allgemein die Übereinstimmung einer Aussage mit dem Sachverhalt. In den Wirtschaftswissenschaften geht es speziell um die statistische Adäquation von Daten und Variablen mit dem Ziel einer Minimierung des „Abstands“...

In A History of Post Keynesian Economics Since 1936, John King has written an excellent historian's view of the development of Post Keynesian economics. The author of this paper has actually lived through the development of Post Keynesian economics from its beginning in the 1950s. Accordingly,...

This paper interprets Weintraub's book, How Economics Became a Mathematical Science , to suggest why Keynes's General Theory has never had any real impact on the theories and models proposed by rigorous mainstream economic theorists. What is meant by "rigor" and "proof" in mathematical analysis?...

In recent years there has been a growing controversy concerning the e¤ective role of distributional policy in economies in which agents hold altruistic preferences. We show that in order to establish cross sectional Distributional Neutrality households re- quire information on consanguinity...

In recent years there has been a growing controversy concerning the e¤ective role of distributional policy in economies in which agents hold altruistic preferences. We show that in order to establish cross sectional Distributional Neutrality households require information on consanguinity links...

In recent discussions on wage policies and their effects on employment it has been argued that the elasticity of employment to real wages can be different in case of wage increases and wage decreases. The paper analyses first the conceptual and methodological issues raised by this assertion. It...