Pub Date : 2024-03-20DOI: 10.1080/08911916.2024.2317099
Nikolaos Rodousakis, Giuliano Toshiro Yajima, George Soklis
We assess the sectoral impact of the implementation of a “green” employer of last resort (ELR) program in the US, based on an environmental modification of an extended Kurz’s (1985) multiplier fram...
{"title":"The Economic and Environmental Effects of a Green Employer of Last Resort: A Sectoral Multiplier Analysis for the United States","authors":"Nikolaos Rodousakis, Giuliano Toshiro Yajima, George Soklis","doi":"10.1080/08911916.2024.2317099","DOIUrl":"https://doi.org/10.1080/08911916.2024.2317099","url":null,"abstract":"We assess the sectoral impact of the implementation of a “green” employer of last resort (ELR) program in the US, based on an environmental modification of an extended Kurz’s (1985) multiplier fram...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"4 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140302958","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-18DOI: 10.1080/08911916.2023.2280370
Massimo Cingolani
Alain Parguez was a fierce opponent of “rentier-friendly” policies that dominated the neo-liberal era, which he saw as linked to the triumph of austerity, particularly after the mid-eighties, and f...
{"title":"Parguez, the Monetary Circuit, and the Spread of Financialisation","authors":"Massimo Cingolani","doi":"10.1080/08911916.2023.2280370","DOIUrl":"https://doi.org/10.1080/08911916.2023.2280370","url":null,"abstract":"Alain Parguez was a fierce opponent of “rentier-friendly” policies that dominated the neo-liberal era, which he saw as linked to the triumph of austerity, particularly after the mid-eighties, and f...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"32 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138717193","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-18DOI: 10.1080/08911916.2023.2280368
Mario Seccareccia
This article briefly recounts this author’s personal experience with Alain Parguez and sketches some of his important contributions over four decades. It then tackles the contemporary policy contro...
{"title":"Government Deficit Spending and Inflation: Alain Parguez and the Post-Keynesians","authors":"Mario Seccareccia","doi":"10.1080/08911916.2023.2280368","DOIUrl":"https://doi.org/10.1080/08911916.2023.2280368","url":null,"abstract":"This article briefly recounts this author’s personal experience with Alain Parguez and sketches some of his important contributions over four decades. It then tackles the contemporary policy contro...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"65 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139018149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-18DOI: 10.1080/08911916.2023.2281204
Thomas Ferguson, Mario Seccareccia
This introductory article offers a brief overview of the life and works of Alain Parguez. Special focus is on the personal contact with the authors and on Parguez’s major contributions to political...
{"title":"Alain Parguez and His Contributions to Political Economy: Introduction","authors":"Thomas Ferguson, Mario Seccareccia","doi":"10.1080/08911916.2023.2281204","DOIUrl":"https://doi.org/10.1080/08911916.2023.2281204","url":null,"abstract":"This introductory article offers a brief overview of the life and works of Alain Parguez. Special focus is on the personal contact with the authors and on Parguez’s major contributions to political...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"69 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138717167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-18DOI: 10.1080/08911916.2023.2280371
Éric Berr, Virginie Monvoisin
Stock-flow consistent (SFC) modeling goes far beyond simple formal tools. It rests on strong post-Keynesian hypotheses and proposes a new conceptual framework for formalization. This being said, if...
{"title":"Monetary Circuit Theory, Stock-Flow Consistent Modeling and Parguez’s Analysis","authors":"Éric Berr, Virginie Monvoisin","doi":"10.1080/08911916.2023.2280371","DOIUrl":"https://doi.org/10.1080/08911916.2023.2280371","url":null,"abstract":"Stock-flow consistent (SFC) modeling goes far beyond simple formal tools. It rests on strong post-Keynesian hypotheses and proposes a new conceptual framework for formalization. This being said, if...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"69 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138717501","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-18DOI: 10.1080/08911916.2023.2280364
Slim Thabet
In this tribute to Alain Parguez (1940–2022), I draw attention to the economic thought of the prominent medieval scholar, Ibn Khaldûn (1332–1406), specifically his seminal Al Muqaddimah (1377), whi...
{"title":"The Circuit in the History of Economic Thought: The Contribution of Ibn Khaldûn","authors":"Slim Thabet","doi":"10.1080/08911916.2023.2280364","DOIUrl":"https://doi.org/10.1080/08911916.2023.2280364","url":null,"abstract":"In this tribute to Alain Parguez (1940–2022), I draw attention to the economic thought of the prominent medieval scholar, Ibn Khaldûn (1332–1406), specifically his seminal Al Muqaddimah (1377), whi...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"85 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139035211","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-18DOI: 10.1080/08911916.2023.2280366
John Smithin
This paper reconsiders the work of Professor Alain Parguez (1940–2022) in the fields of macroeconomic policy, international political economy, and the theory of the monetary circuit, from the point...
{"title":"Profit, Interest, and Wages in the Monetary Circuit","authors":"John Smithin","doi":"10.1080/08911916.2023.2280366","DOIUrl":"https://doi.org/10.1080/08911916.2023.2280366","url":null,"abstract":"This paper reconsiders the work of Professor Alain Parguez (1940–2022) in the fields of macroeconomic policy, international political economy, and the theory of the monetary circuit, from the point...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"65 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138717510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-18DOI: 10.1080/08911916.2023.2280373
Riccardo Bellofiore
Alain Parguez, together with Bernard Schmitt and Augusto Graziani, is one of the founders of the modern theory of the monetary circuit. Parguez was making his first forays into monetary circuitism ...
{"title":"Against the Streams: Alain Parguez and the Theory of the Monetary Circuit","authors":"Riccardo Bellofiore","doi":"10.1080/08911916.2023.2280373","DOIUrl":"https://doi.org/10.1080/08911916.2023.2280373","url":null,"abstract":"Alain Parguez, together with Bernard Schmitt and Augusto Graziani, is one of the founders of the modern theory of the monetary circuit. Parguez was making his first forays into monetary circuitism ...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"4 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138717158","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-18DOI: 10.1080/08911916.2023.2280369
Louis-Philippe Rochon, Gregorio Vidal, Wesley C. Marshall
This article traces the pedigree of ideas and the personal and institutional connections that led us to collaborate with Alain Parguez, whose academic legacy we celebrate here by exploring the root...
本文追溯了促使我们与阿兰-帕尔盖兹合作的思想渊源以及个人和机构之间的联系。
{"title":"The Legacy of Alain Parguez and his Ongoing Research Agenda: Capitalism, the Financial Circuit and the State","authors":"Louis-Philippe Rochon, Gregorio Vidal, Wesley C. Marshall","doi":"10.1080/08911916.2023.2280369","DOIUrl":"https://doi.org/10.1080/08911916.2023.2280369","url":null,"abstract":"This article traces the pedigree of ideas and the personal and institutional connections that led us to collaborate with Alain Parguez, whose academic legacy we celebrate here by exploring the root...","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"33 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138717223","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-03DOI: 10.1080/08911916.2023.2241801
H. Martins
Abstract This article deals with income inequalities in Latin American countries in the last four decades, relating to economic growth and development. Founded on a structural heterogeneity approach (both its original formulation and recent advances), we adopt a concept of development as a structural process of reducing inequalities. Particularly, we discuss the role of economic policy and institutions on economic growth, income inequalities and development. Empirically, we trace the evolution of economic growth and income inequalities in selected Latin American countries from the period of dominant adoption of neoliberal policies, in the 1980s, to recent decades, when these policies have been partially contested and alternative policies have been established in some cases. In this context, particular attention was devoted to the evolution of social expenditures, identified as a key factor to influence income inequalities. According to the availability of data, we contrast income inequalities in selected Latin American countries and OECD countries by collecting the Gini Index and calculating the Palma ratio for this four-decade period. We analyze the results relating to theoretical basis and institutional elements. Thus, based on the literature review and data analyzed, we contrast trajectories during 1980s and 2000s, stressing that different oriented economic and social policies and institutions lead to different outcomes, which means that trajectories of the countries are mainly outcomes of “choices” made at the national level.
{"title":"Development versus Structural Heterogeneity: Trajectories of Economic Growth and Income Inequalities in Latin American Countries from the 1980s","authors":"H. Martins","doi":"10.1080/08911916.2023.2241801","DOIUrl":"https://doi.org/10.1080/08911916.2023.2241801","url":null,"abstract":"Abstract This article deals with income inequalities in Latin American countries in the last four decades, relating to economic growth and development. Founded on a structural heterogeneity approach (both its original formulation and recent advances), we adopt a concept of development as a structural process of reducing inequalities. Particularly, we discuss the role of economic policy and institutions on economic growth, income inequalities and development. Empirically, we trace the evolution of economic growth and income inequalities in selected Latin American countries from the period of dominant adoption of neoliberal policies, in the 1980s, to recent decades, when these policies have been partially contested and alternative policies have been established in some cases. In this context, particular attention was devoted to the evolution of social expenditures, identified as a key factor to influence income inequalities. According to the availability of data, we contrast income inequalities in selected Latin American countries and OECD countries by collecting the Gini Index and calculating the Palma ratio for this four-decade period. We analyze the results relating to theoretical basis and institutional elements. Thus, based on the literature review and data analyzed, we contrast trajectories during 1980s and 2000s, stressing that different oriented economic and social policies and institutions lead to different outcomes, which means that trajectories of the countries are mainly outcomes of “choices” made at the national level.","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":"52 1","pages":"213 - 233"},"PeriodicalIF":1.2,"publicationDate":"2023-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48252833","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}