Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital?s share in factor income determines...

We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.

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During the nineteenth century, French political economy eluded the historical method. In the light of such context, the way Emile Durkheim and Francois Simiand interpreted the contribution of the German historical school is worth considering. Following Durkheim's sociological approach, Simiand...

In 1940 Schumpeter wrote a paper entitled: 'The Meaning of Rationality in the Social Sciences', which was intended as a contribution to one of the meetings of a seminar including Talcott Parsons, Wassily Leontief, Paul Sweezy and other Harvard scholars, that he initiated. In this paper...

Provides original sociological research on the development of consumer credit scoring in the United States and its links to subprime mortgage finance.