-)Keynesian analysis is presented as a growth and employment-oriented alternative to this restrictive policy mix. Contrary to the strict … alternative requires the coordination of monetary, fiscal and wage policies in order to achieve growth, high employment and price …

concept of money and their satisfaction may be largely endogenous to shifts in the economic policy regime. Growth and …, in this paper the effects of the new EMU institutional framework for monetary, fiscal and wage policies on overall growth … has neither been conducive to aggregate growth nor to real convergence across the euro area. In order to improve growth …

growth and employment problems in the EU. These guidelines have been the EU-economic policy concept for ten years now, but … this concept has not been able to generate sustained growth in the EU. Examining the guidelines we show the weaknesses of … the economic policy model behind it and outline an alternative concept which promises more growth for Europe in the long …

This paper analyzes the implications of investors' legal protection on aggregate productivity and growth. We have two … enhances economic growth. These results stem from two forces. On one hand, private investors' moral hazard problems (in which …

In a Kaleckian distribution and growth model with workers’ debt we examine the short- and long-run effects of three …

specialization in favor of medium-tech firms rather than high-tech firms and consequently slows down the process of economic growth …. The results of the paper are consistent with documented data on Europe versus US productivity growth and specialization …