This study investigates the dynamic mechanism of financial markets on volatility spillovers across eight major cryptocurrency returns, namely Bitcoin, Ethereum, Stellar, Ripple, Tether, Cardano, Litecoin, and Eos from November 17, 2019, to January 25, 2021. The study captures the financial...

Financialization has been growing importance in macroeconomic perspectives since the finance-dominated capitalist relations have captured many of the specific positions in an aggregate economy. However, the empirical literature has substantially ignored the examination of the link between an...

The determinants of the labor share of national income have been investigated by numerous studies. However, there is no consensus for what exactly affects the income differentials of workers, especially after the triumph of neoliberal policies prevailed after 1980s across all countries,...

This study focuses on three different approaches to the role of finance and the financial sector in economy-wide relations and in specific conditions of economic crises. First, we investigate the Minskyan framework in dealing with the roots and the reasons of financial crises. Second, we look at...

The current financial crisis of 2008 has caused to the emergence of different analyses in the context of the reasons of crisis both in mainstream economics and heterodox economics. This study focuses on various arguments in heterodox economics and tries to analyze them as a whole. It is...

Financialization has been growing importance in macroeconomic perspectives since the finance-dominated capitalist relations have captured many of the specific positions in an aggregate economy. However, the empirical literature has substantially ignored the examination of the link between an...