ÑÇɫӰ¿â

ÑÇɫӰ¿â Papers in Political Economy

2025

  • Giannoulakis, Michael (2025) NPL Spillovers in Europe: Credit Risk contagion mechanisms in the aftermath of the global financial crisis
  • Giannoulakis, Michael (2025) Non-Performing Loans determinants: A new behavioural approach.
  • Cem Oyvat, Ceyhun Elgin and Adem Yavuz Elveren (2025) "Minimum Wages in a High-Inflation Economy: The Case of Türkiye." ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â

2024

  • Guschanski, Alexander and Onaran, Özlem (2024) "UK markups and profit margins during the pandemic and its aftermath." ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â
  • Heck, I., Rabensteiner, T. and Tippet, B. (2024) "A progressive excess profit tax for the European Union" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â

2023

  • Cepparulo, B. (2023) "Is mobility a good proxy for economic activity?" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â
  • Paredes, M. A. (2023) "ESG investing, reputation and government policies in British SMEs: why does firmographics matter?" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â
  • Botta, A., Caverzasi, E. and Russo, A. (2023) "Same old song: on the macroeconomic and distributional effects of leaving a low interest rate environment" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â
  • Onaran, Ö. (2023) "The political economy of the cost of living crisis in the UK: what is to be done?" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Wildauer, R. (2023) "Was Pareto right? Is the distribution of wealth thick-tailed?" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â

2022

  • Rabensteiner, T. and Guschanski, A. (2022) "Autonomy and wage divergence: evidence from European survey data." ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â
  • Cepparulo, B. and Jump, R. C. (2022) "The impact of Covid-19 restrictions on economic activity: evidence from the Italian regional system." ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â

2021

  • Wildauer, R., Leitch, S. and Kapeller, J. (2021) "Is a €10 trillion European climate investment initiative fiscally sustainable?" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Tippet, B., Wildauer, R. and Onaran, Ö. (2021) "The case for a progressive annual wealth tax in the UK" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Oyvat, C., Tekgüç, H. and Yagci, A. H. (2021) "Religiosity, Employment, and Horizontal Inequalities in Turkey" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Missaglia, M. and Botta, A. (2021) "Central Bank’s power versus the tyranny of financial markets: liquidity preference and macroeconomic dynamics in a world of endogenous money" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Alami, I., Alves, C., Bonizzi, B., Kaltenbrunner, A., Kodddenbrock, K., Kvangraven, I. and Powell, J. (2021) "International financial subordination: a critical research agenda" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Bonizzi, B., Kaltenbrunner, A. and Powell, J. (2021) "Financialised capitalism and the subordination of emerging capitalist economies" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Guschanski, A. and Onaran, Ö. (2021) "The effect of global value chain participation on the labour share – Industry level evidence from emerging economies" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Dafermos, Y. and Nikolaidi, M. (2021) "How can green differentiated capital requirements affect climate risks? A dynamic macrofinancial analysis" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Kapeller, J., Leitch, S. and Wildauer, R. (2021) "A European wealth tax for a fair and green recovery" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Tippet, B. and Onaran, Ö. and Wildauer, R. (2021) "The determinants of wealth inequality in the UK, USA and France" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 

2020

  • Jump, R. and Kohler, K. (2020) "A history of aggregate demand and supply shocks for the United Kingdom, 1900 to 2016" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Ugur, M. and Vivarelli, M. (2020) "Innovation, firm survival and productivity: The state of the art" ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Botta, A. and Tippet, B. (2020) "The roots of a divided eurozone: Rigid labour markets or asymmetric technology-macroeconomic regimes?", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Wildauer, R., Leitch, S. and Kapeller, J. (2020). "How to boost the European's Green Deal scale and ambition", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 
  • Oyvat, C. (2020) ''The role of global finance in the provisioning of social infrastructure and the welfare state'', ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â 

2019

  • Dafermos, Y. and Nikolaidi, M. (2019). "Fiscal policy and ecological sustainability: A post-Keynesian perspective", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Wildauer, R. and Kapeller, J. (2019) ''Rank Correction: A New Approach to Differential Nonresponse in Wealth Survey Data'', ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Wildauer, R. and Kapeller, J. (2019) ''A Comment on Fitting Pareto Tails to Complex Survey Data'', ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Onaran, Ö., Oyvat, C. and Fotopoulou, E. (2018) "The effects of gender inequality, wages, wealth concentration and fiscal policy on macroeconomic performance", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Botta, A., Caverzasi, E. and Russo, A. (2019) "When complexity meets finance: a contribution to the study of the macroeconomic effects of complex financial systems", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Bonizzi, B., Kaltenbrunner, A. and Powell, J. (2019) "Subordinate financialization in emerging capitalist economies", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 

2018

  • Ugur, M. and Trushin, E. (2018) "Asymmetric information and heterogeneous effects of R&D subsidies: evidence on R&D investment and employment of R&D personnel", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Ugur, M., Awaworyi Churchill, S. and Luong, H. M. (2018) "What do we know about R&D spillovers and productivity? Meta-analysis on heterogeneity and statistical power", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Botta, A., Caverzasi, E., Russo, A., Gallegati, M. and Stiglitz, J. E. (2018), "Inequality and finance in a rent economy", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Oyvat, C., Ã–ztunalı, O. and Elgin, C. (2018), "Wage-led vs. profit-led growth: a comprehensive empirical analysis", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Van Klyton, A., Arrieta Paredes, M. and Soomaree, A. (2018), "The multi-stakeholder model of Internet governance, ICANN, and business stakeholders: practices of hegemonic power", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Botta, A., Tippet, B. and Onaran, Ö. (2018), "Divergence between the core and the periphery and secular stagnation in the Eurozone", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Powell, J. (2018), "Towards a Marxist theory of financialised capitalism", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Coles, A.-M. and Peters, S. R. (2018), "Sustainable transitions and complex socio-technical systems: renewable energy and the electricity grid in the USA, UK and Germany", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Rotta, T. and Teixeira R. (2018), "The commodification of knowledge and information", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Guschanski, A. and Onaran, Ö. (2018), "The labour share and financialisation: Evidence from publicly listed firms", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Trushin, E. and Ugur, M. (2018), "Ecosystem complexity, firm learning and survival: UK evidence on intra-industry age and size diversity as exit hazards", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Sallai, D. and Schnyder, G. (2018), "The Transformation of Post-socialist Capitalism – From Developmental State to Clan State?", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Caverzasi, E., Botta, A. and Capelli, C. (2018), "The endogeneity of money and the securitizing system. Beyond shadow banking.", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 

2017

  • Guschanski, A. and Stockhammer, E. (2017), "Are current accounts driven by competitiveness or asset prices? A synthetic model and an empirical test.", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Dafermos, Y., Nikolaidi, M. and Galanis, G. (2017), "Climate change, financial stability and monetary policy.", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Sallai, D. and Schnyder, G. (2017), "Coping with Autocracy: Corporate political activity, institutional duality, and MNE – local firm rivalry during "institutional backsliding".", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Guschanski, A. and Onaran, Ö. (2017), "Why is the wage share falling in emerging economies? Industry level evidence.", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Guschanski, A. and Onaran, Ö. (2017), "The political economy of income distribution: industry level evidence from 14 OECD countries.", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Nikolaidi, M. and Stockhammer, E. (2017), "Minsky models. A structured survey.", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Oyvat, C. and Tekgüç, H. (2017), "Double squeeze on educational development: land inequality and ethnic conflict in Southeastern Turkey", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Botta, A. and Tori, D. (2017), "A critique to the expansionary austerity (part III): empirical counter facts beyond theoretical weaknesses", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â,
  • Oyvat, C. and wa GÄ©thÄ©nji, M. (2017), "Migration in Kenya: beyond Harris-Todaro", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â,
  • Onaran, Ö., Andersen, L., Cozzi, G., Dahl, S., Nissen, T., Obst, T. and Tori, D. (2017), "An investment and equality-led sustainable development strategy for Europe", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Sallai, D. (2017), "The corporate political activity of MNEs under the pressure of institutional duality", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Tori, D. and Onaran, Ö. (2017), "The effects of financialisation and financial development on investment: evidence from firm-level data in Europe", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Obst, T., Onaran, Ö. and Nikolaidi, M. (2017), " The effect of income distribution and fiscal policy on growth, investment, and budget balance: the case of Europe", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 

2016

  • Botta, A.  (2016), "The theoretical inconsistency of the expansionary austerity doctrine (reprise): an extension to the long run", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Guschanski, A. and Onaran, Ö. (2016), "Determinants of the wage share: a cross-country comparison using sectoral data", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Botta, A., Caverzasi, E. and Tori, D. (2016), "The macroeconomics of shadow banking", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .Onaran, Ö. (2016), "Secular stagnation and progressive economic policy alternatives", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, 
  • Rotta, T. (2016), "Effective demand and Say's law in Marxist theory: an evolutionary perspective", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Ugur, M. (2016), "Modeling Growth: Exogenous, endogenous Schumpeterian growth models", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Sumra, S. (2016), "The Balance of Payments Constrained Growth Model with Sustainable Debt Accumulation, Interest Payments and the Terms of Trade: Evidence from Sub-Saharan Africa", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â,.
  • Sumra, S. (2016), "The natural rate of growth and the relevance of aggregate demand in low income countries: the case of Sub-Saharan Africa", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Botta, A. (2016), "The theoretical weaknesses of the expansionary austerity doctrine", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â,.

2015

  • Umney, C., Greer, I., Onaran, Ö. and Symon, G. (2015), "The state and class discipline: European labour market policy after the financial crisis", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Onaran, O., Guschanski, A. Meadway, J. and Martin, A. (2015), "Working for the economy: The economic case for trade unions", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Ugur, M., Trushin, E. and Solomon, E. (2015), "UK and EU subsidies and private R&D investment: Is there input additionality?", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Solomon, E. (2015), Ugur, M., Guidi, F. and Trushin, E. (2015), "Variations in the effect of R&D investment on firm productivity: UK Evidence", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Ugur, M., Trushin, E., Solomon, E. and Guidi, F. (2015), "R&D and productivity in OECD firms and industries: A hierarchical meta-regression analysis", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â,.
  • Onaran, O. and Obst T. (2015), "Wage-led growth in the EU15 Member States:The effects of income distribution on growth, investment, trade balance, and inflation", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Nikolaidi, M. (2015), "Securitisation, wage stagnation and financial fragility: A stock-flow consistent perspective", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Onaran, O. (2015), "The role of gender equality in an equality-led sustainable development strategy", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Onaran, O. (2015), "Wage- versus profit- led growth in the context of international interactions and the political aspects of wage-led recovery", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Onaran, O. (2015), "State and the economy: A strategy for wage-led development", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Oyvat, C. (2015), "Structural Change and the Kuznets Hypothesis", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Ugur, M., Trushin, E., Solomon, E. and Guidi, F. (2015), "Inverted-U relationship between innovation and survival: Evidence from firm-level UK data", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Churchill, S.A., Yew, S.L. and Ugur, M. (2015), "Effects of Government Education and Health Expenditures on Economic Growth: A Meta-analysis", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Churchill, S.A., Yew, S.L. and Ugur, M. (2015), "Does government size affect per-capita income growth? A Hierarchical meta-regression analysis", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Cagliesi, G., Hawkes, D. and Tookey, M. (2015), "A Multidimensional approach to workless-ness: a matter of opportunities, social factors and individual's idiosyncrasies", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Botta, A., Caverzasi, E. and Tori, D. (2015), "Financial-real side interactions in the monetary circuit: loving or dangerous hugs?", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Tori, D., and Onaran, O. (2015), "The effects of financialization on investment: Evidence from firm-level data for the UK", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Onaran, O., and Oyvat, C. (2015), "The political economy of inequality, redistribution and boom-bust cycles in Turkey", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Botta, A., Godin, A., and Missaglia, M. (2015), "Finance, Foreign (Direct) Investment and Dutch Disease: the Case of Colombia", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Botta, A. (2015), "The Macroeconomics of a Financial Dutch Disease", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â,.
  • Botta, A. (2015), "The complex inequality-innovation-public investment nexus", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Dafermos, Y., Nikolaidi, M., and Galanis, G. (2015), "A stock-flow-fund ecological macroeconomic model", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Cozzi, G and Griffith-Jones, S. (2015), "Investment-led growth: a solution to the European crisis", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Cozzi, G. and Bargawi, H. (2015), "Engendering Economic Recovery: Modelling Alternatives to Austerity in Europe", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Rotta, T. (2015), "Productive Stagnation and Unproductive Accumulation: an Econometric Analysis of the United States", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â,.
  • Rotta, T. (2015), "Unproductive Accumulation in the United States: a New Analytical Framework", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Coles, A.M. and Yan, L. (2015), "Cultural knowledge as International Business: Entrepreneurial Style in the UK Traditional Chinese Medicine Sector", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .

2014

  • Cozzi, G., McKinley, T. and Michell, J.(2014), "Employment-led recovery for Europe: an Alternative to Austerity", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Onaran, Ã–., Goda, T., and Stockhammer, E. (2014), "A Case for Redistribution? Income Inequality and Wealth Concentration in the Recent Crisis", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Cagliesi, G., Della Bina, A. and Tivegna, M. (2014), "Market Response to News: Rationality and Conformism in an Euro-Dollar Exchange Rate Model", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, #GPERC04.

2013

  • Cagliesi, G. and Hawkes, D. (2013), "What Nudges will Matter ? An Empirical Study of Female Joblessness", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Onaran, Ö and Boesch, V. (2013), "The effect of globalization on the distribution of taxes and social expenditures in Europe: Do welfare state regimes matter?", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .
  • Onaran, Ö and Galanis, G. (2013), "Income distribution and aggregate demand: A global Post-Keynesian model", ÑÇɫӰ¿â Papers in Political Economy, ÑÇɫӰ¿â, .