Informality and productivity: do firms escape EPL through shadow employment? Evidence from a regression discontinuity design Giuseppina Gianfreda – Università della Tuscia and LLEE Giovanna Vallanti – LUISS “Guido Carli” and LLEE December, 2017 Abstract: Compliance with labour law has …
Financialisation, Debt and Inequality: Export-led Mercantilist and Debt-led Private Demand Boom Economies in a Stock-flow consistent Model Daniel Detzer December, 2016 Abstract: In the era of financialisation, increasing income inequality could be observed in most developed and many developing countries. …
Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model Eckhard Hein July, 2016 Abstract: This paper is linked to some recent attempts at including a non-capacity creating autonomous expenditure category as the driver and determinant of …
Some notes on Gossen’s ‘submerged and forgotten’ approach to consumption and time Sergio Nisticò January, 2016 Abstract: Hermann Heinrich Gossen (1810-1858) — a civil servant who, in 1854, published at his expense the book Entwickelung der Gesetze des menschlichen Verkehrs …
At the origin of the notion of “creative goods” in economics: Scitovsky and Hawtrey Antonio Bariletti and Eleonora Sanfilippo October, 2015 Abstract: The notion of “creativity” has assumed a growing importance in the recent economic literature on happiness, motivations and …
Disappointment and Public action: Albert Hirschman’s ways of complicating economic theory Marina Bianchi April, 2015 Abstract: In his essay Against Parsimony (1985), Hirschman argued in favor of “complicating” rather that simplifying economic theory. This paper focuses on two of the …
CreaM is an economic centre for theoretical and applied research. The main aim of the Cream Working Papers (CreaM-WP) series is to serve as a first vehicle to disseminate the economic research carried out by CreaM researchers. However, the publication …