The empirical literature on models of cyclical growth and distribution still lacks an explicit treatment of capital accumulation. Further, and from different theoretical perspectives, residential investment is seen as a critical driver of the business cycle. This paper addresses both issues....

The negotiations on a deep and comprehensive free trade area between Tunisia and the European Union (EU) - also known by its French acronym "Projet d'accord de libre-échange complet et approfondi" (ALECA) - have been ongoing since 2015. Beyond the bilateral reduction of tariffs and quotas, the...

This paper presents an(other) investigation of the links between growth and distribution. We discuss a Neo–Kaleckian two country model with fixed mark–ups, where repercussions between the two countries matter. We assume that demand is wage–led in autarky but profit–led with trade, and...

We model intra-household dynamics in two rural provinces of Mozambique through the lens of computable general equilibrium (CGE) methods. The main features of the model are: 1) a household social accounting matrix that captures allocation of labor and resources, and transfers among household...

We explore four decades of cyclical and long-run dynamics in income distribution and economic activity for a panel of thirteen OECD countries, as measured by the wage share and the output gap. When modeled as a Goodwin model, our results suggest that economic activity is weakly profit-led and...

The combined demographic developments of population aging and high rates of migration of young adults are consequential for older parents who face a potential decline in support from adult children. These developments also impact the lives of migrant adults who face the challenge of providing...