Karl Marx was one of the first analysts of capitalism’s trends and problems. Here I offer a formal exposition of his thesis that the rate of profit tends to fall as a consequence of capital accumulation and analyze the most well-known counter-arguments. I then use the framework developed in...

This paper aims to study the rationale of women’ political participation in Great Britain. In particular, we focus on the impact of family orientations about gender inequalities as people’s attitudes can often predict behavior patterns; we also consider other factors related to gender...

Following the recent developments of the literature on stabilization policies, this paper investigates the effect of tax distortions on equilibrium determinacy in a New Keynesian economy with rule-of-thumb consumers and capital accumulation. In particular, we focus on the inter-action between...

Il presente contributo si propone di mettere a fuoco il rapporto fra la struttura urbanistica della città di Palermo e le manifestazioni spettacolari che vi si tengono in età spagnola, quale introduzione a una ricerca più vasta ancora agli inizi. Data la varietà dei temi toccati in questa...

In a micro-founded framework in line with the new open economy macroeconomics, the paper shows that a centralized wage setting (CWS) and central bank conservatism (CBC) curb unemployment only if labor market distortions are sizeable. When labor distortions are sufficiently low, employment may be...