This short paper explains the theory of path dependence and clarifies its relation to concepts such as positive feedback or lock-in, arguing that path dependence is a core theoretical element of political economy in general, and institutional and evolutionary economics in particular. We first...

This short paper discusses the concept of "systemism", elaborates how it implicitly underpinned most seminal works of evolutionary-institutional economics, and explains how future research would benefit from making the systemist nature of evolutionary economics more explicit. More precisely, the...

Citation metrics and its related indices and rankings become increasingly important in the evaluation of research. Such indices are part of a more general tendency aiming for the simplification of complex and interconnected phenomena through quantification. The purpose of our contribution is to...

This paper analyzes the determinants of the European Commission's NAIRU estimates for 14 European OECD countries during 1985-2012. The NAIRU is a poor proxy for 'structural unemployment': Labor market institutions - employment protection legislation, union density, tax wedge, minimum wages -...

In this paper we explore three claims concerning the disciplinary character of economics by means of citation analysis. The three claims under study are: (1) economics exhibits strong forms of intellectual stratification and, as a byproduct, a rather pronounced internal hierarchy, (2) economists...

This paper analyses economic developments in the Eurozone over the period 1999-2016 by developing a theoretical framework that traces divergent path developments across Eurozone countries to the times before the financial crisis. We argue that macroeconomic divergence between core and periphery...

This paper presents a general framework for estimating the renovation and investment requirements associated with a green transformation of the residential sector that effectively reduces the net emissions of the residential sector (close) to zero. The framework takes ecological and...

This paper presents a general framework for estimating the renovation and investment requirements associated with a green transformation of the residential sector that effectively reduces the net emissions of the residential sector (close) to zero. The framework takes ecological and...