This paper analyses the monetary transmission mechanism for France over the period 1999-2012 through two of its main channels: the interest rate channel and the bank lending channel. It also focuses on the impact of the recent financial crisis on the pass-through to interest rates and credit...

Six great trends have characterized the evolution of mature capitalist economies in the recent decades: 1. successful efforts to lower inflation from the levels of the 1970s; 2. Real growth significantly lower as compared to early post-WW2 decades; 3. a greater frequency in financial instability...

This paper reviews recent arguments put forward by international and national agencies committed to the advancement of financial education programmes. It shows the extent to which this commitment is symptomatic of financialised contemporary capitalist societies that have promoted the steady...

The aim of this document is twofold: first, to provide a critical survey of the European Central Bank (ECB hereafter) official documents concerning the process of financial integration in the Euro area; second, to offer an outline of the recent developments in the actual policies adopted by the...

The purpose of this paper is threefold. First is to comment upon the nature of financialisation. Second is to frame how this leads financialisation to be understood whether consciously or otherwise. And, third, is to draw out implications for surveying households as their experiences and...

This paper addresses the scope and possibilities for integrating economics with other human and social sciences. It identifies and discusses two competing ways to achieve integration: a perspective based on the expansion of neoclassical economics and another approach that aims to build on the...

The global financial and economic crisis, and in particular the perceived failure of economics to predict the crisis, has led to questioning of the methodology of economics. Some have championed the methodological approach of ‘critical realism’ as fostering a more realistic economic theory...

This paper examines the dynamics behind the rise in household indebtedness across different countries as a part of financialisation of household income over the last few decades. It argues that the current rise in consumer credit and household debt is historically unique, especially regarding...

This paper is a review and critique of the pension policy literature that discusses trends in the evolution of pension systems in the European Union over the last three decades, and the determinants of those trends. It is argued here that much of the analysis of recent developments remains at...