Recommended readings (Machine generated): 1.Joseph A. Schumpeter (1947),'The Creative Response in Economic History', Journal of Economic History, 7 (2), November, 149-59[11] -- 2.Simon A. Herbert (1962), 'The Architecture of Complexity', Proceedings of the American Philosophical Society, 106...

The aim of this paper is to assess whether the data-generation process of the GDP can be interpreted by means of a nonlinear model instead of a linear one. We model the first differences of logarithmic real GDP data with constant parameters for those European countries (France, Germany, Italy,...

This paper describes an empirical study of the implications of agents' heterogeneity for theories of macroeconomic fluctuations based on the role of financial variables. Models of explicit distribution dynamics are applied to company account data from a panel of US manufacturing firms to...

Power law behavior is an emerging property of many economic models. In this paper we emphasize the fact that power law distributions are persistent but not time invariant. In fact, the scale and shape of the firms' size distribution fluctuate over time. In particular, on a log–log space, both...

Hyman Minsky is renowned for his theoretical and empirical investigation of the capitalist economy. In this book, a distinguished group of contributors provides an authoritative account of his contribution to the analysis of capitalism and, more particularly, to the fields of monetary and post...

Institutional and Social Dynamics of Growth and Distribution presents a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress.