This paper studies the conceptualization and quantification of 'competitiveness' within the main policy coordination framework of the EU, the European Semester. This topic warrants attention since 'competitiveness' is not only of central importance in the European policy discourse, but also a...

We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption and a Minskyan banking sector to analyze the relationship between rising saving rates, the accumulation and distribution of...

Competition is at the core of economics, being both a central concept of economic reasoning and a main prerequisite for economic action. Yet, the attempt of a clear definition of competition is challenging as the concept of competition has been used in different historical and disciplinary...