The CLASS model is a top-down capital stress testing framework that projects the effect of different macroeconomic … industry capital gap relative to a target ratio at different points in time under a common stressful macroeconomic scenario …. This estimated capital gap began rising four years before the financial crisis and peaked at the end of 2008. The gap has …

, inflationary restructuring arises as an integral part of capital accumulation. On the aggregate level, inflation appears as …

market-centred economic reforms; the other, attributing the cause to the ‘unproductive’ nature of foreign financial capital … transformation of capital and the state—to the historical changes in the nature of these institutions through the commodification of … capital and the state and the evolution of the capitalist ruling class in order to grasp the nature of the post-1997 social …

within a ‘capital as power’ theoretical framework, my purpose in this is to shed some much-needed light on the dynamics of …

We scrutinize the monetary transmission mechanism in New-Keynesian models, focusing on the role of capital, the key …

elasticity of substitution between capital and labor. This is inconsistent with the Uzawa Growth Theorem. We extend Uzawa ….s theorem to show that introducing human capital accumulation in the standard way does not resolve the puzzle. However, balanced … growth is possible if education is endogenous and capital is more complementary with schooling than with raw labor. We …