The COVID-19 crisis is likely to have dramatic consequences for progress on climate
change. Imminent fiscal recovery packages could entrench or partly displace the current …

The empirical literature on the impact of corporate taxes on economic growth reaches
ambiguous conclusions: corporate tax cuts increase, reduce, or do not significantly affect …

We show that the large elasticity of substitution between capital and labor estimated in the
literature on average, 0.9, can be explained by three issues: publication bias, use of cross …

A large volume of econometric literature has studied the impact of economic globalisation on
income inequality around the world. However, reported econometric estimates vary …

The paper contributes to the recent growth models debate through a cross-country analysis
of growth drivers before and after the 2008 Global Financial Crisis (GFC). It argues that the …

Presenting an in-depth overview of the foundations and developments of post-Keynesian
macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive …

We analyze whether there are ne gative (positive) long‐term effects of austerity measures
(stimulus measures) on potential output growth. Based on the approach of Blanchard and …

Whether fiscal policy exacerbates or counteracts fluctuations in the economy is a key policy
issue, because it contributes to growth and inflation outcomes. However, existing literature …

Since the global financial crisis there has been growing interest in Post-Keynesian
macroeconomic theory by political economists. In particular, the recent Growth Models …

The paper aims to assess the macroeconomic impacts of government investment in
Research and Development (R&D) and more generic fiscal policies by quantifying the Gross …