The international development debate is increasingly referring to the notion of the "social contract" - often, however, without a clear definition of the term and its implications. We therefore make a suggestion for measuring at least some elements of social contracts in order to make it easier...

The starting point of our research is Piketty (2014) who follows Marx by asserting that rents are merely one of the forms of profits, therefore they do not require separate conceptual analysis and statistical separation. Speaking of the generation of rents (as a distinctly different mechanism...

Social Accounting Matrices (SAMs) will be presented as tools that have specific features for studying the socio-economic activity of countries. Such features allow for the reading and interpretation of the reality under study, leading to the production of an empirical work that is not only...

Climate change is one of the greatest challenges of this century. Mitigation requires a large-scaletransition to a low-carbon economy. This paper provides an overview of the rapidlygrowing literature on the role of macroeconomic and financial policy tools in enabling thistransition. The...

We argue that in an economy with downward nominal wage rigidity, the output gap is negative on average. Because it is more difficult to cut wages than to increase them, firms reduce employment more during downturns than they increase employment during expansions. This is demonstrated in a simple...

Social Accounting Matrices (SAMs) will be presented as tools that have specific features for studying the socio-economic activity of countries. Such features allow for the reading and interpretation of the reality under study, leading to the production of an empirical work that is not only...