This paper analyzes the impact of increasing international competition on the evolution of export prices in the last three decades. We investigate both the sensitivity of export prices to exchange rate movements, and the dynamics of profit margins for a large number of manufacturing products...

Using the ?Keynes+Schumpeter? (K+S) agent-based model developed in Dosi et al. (2010, 2012) we study how the interplay between firms? investment behavior and income distribution shapes the short?and long-run dynamics of the economy at the aggregate level. We study the dynamics of investment...

The Great Recession seems to be a natural experiment for macroeconomics showing the inadequacy of the predominant theoretical framework?the New Neoclassical Synthesis?grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical, empirical and political-economy...