Research At SCEPA
Non-linearities & Equilibria in a Model of Distributive-Demand Cycles
WORKING PAPER | The authors offer results of a non-parametric estimate of the US wage- Phillips Curve as a simplified version of the model of the wage-price spiral by Flaschel and Krolzig.
Shifting Sources and Uses of Profits
WORKING PAPER | This paper explores the interdependence of the processes of the globalization of production and financialization, to link the issue of corporate governance to supply-chain governance.
Pricing and Profits Under Globalized Competition
WORKING PAPER | This paper builds on Post Keynesian theory of markup pricing to outline the microfoundations of a theory of US economic hegemony in an age of global production networks.