Structuralist and post-Keynesian models differ in their assumptions about firms' investment behavior and pricing/output decisions. This paper compares three benchmark models: Kaleckian, Robinsonian and Kaldorian. We analyze the implications of these models for the steady growth path and the...

The own-wage elasticity (OWE) of employment estimated using minimum wage increases provides an economically meaningful measure of the policy on jobs. We discuss how to interpret the magnitude of the OWE, including in terms of welfare and under alternative models of the labor market. We present a...

1. The radical potential of human rights -- 2. The human rights framework and economic policy -- 3. What does inequality have to do with human rights? -- 4. A human rights approach to government spending and taxation -- 5. Mobilizing resources to realize rights : debt, aid, and monetary policy...