|
on Heterodox Microeconomics |
Issue of 2017‒07‒09
nineteen papers chosen by Carlo D’Ippoliti Università degli Studi di Roma “La Sapienza” |
By: | Rengs, Bernhard; Scholz-Waeckerle, Manuel |
Abstract: | This article contributes to the field of evolutionary macroeconomics by highlighting the dynamic interlinkages between micro-meso-macro with a Veblenian meso foundation in an agent-based macroeconomic model. Consumption is dependent on endogenously changing social class and signaling, such as bandwagon, Veblen and snob effects. In particular we test the macroeconomic effects of this meso foundation in a generic agent-based model of a closed artificial economy. The model is stock-flow consistent and builds upon local decision heuristics of heterogeneous agents characterized by bounded rationality and satisficing behavior. These agents include a multitude of households (workers and capitalists), firms, banks as well as a capital goods firm, a government and a central bank. Simulation experiments indicate co-evolutionary dynamics between signaling-by-consuming and firm specialization that eventually effect employment, consumer prices as well as other macroeconomic aggregates substantially. |
Keywords: | Evolutionary macroeconomics; agent-based modelling; micro-meso-macro; conspicuous consumption; social class; firm specialization |
JEL: | B52 C63 E21 E23 L11 |
Date: | 2017–03–03 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:80021&r=hme |
By: | Heise, Arne; Thieme, Sebastian |
Abstract: | In the context of ongoing criticisms of the lack of pluralism in economics, the present article aims to discuss the development of ‘heterodox’ economics since the 1970s. Following Lakatos’s concept of scientific research programs (srp), and concentrating on the situation in Germany, the article will discuss classifications of economics, and will specify the understanding of diversity in the light of ‘axiomatic variations’ of the economic mainstream. This will form the basis for the subsequent description of the development of heterodoxy in Germany, with special reference to the founding of new universities and the reform movements in the 1970s. It can be shown that the heterodox scene flourished in this period, but that this pluralization remained fragmented and short-lived; by the 1980s at the latest heterodoxy was again on its way to marginalization. The history of heterodoxy in Germany thus presents itself as an unequal ‘battle of the paradigms,’ and can only be told as the story of a failure. |
Keywords: | Heterodox economics, pluralization, philosophy of science, sociology of science |
JEL: | A14 B40 B50 N01 Z13 |
Date: | 2016 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:80022&r=hme |
By: | José Artur dos Santos Ferreira (ICSA-UFOP); Cândido Guerra Ferreira (Cedeplar-UFMG) |
Abstract: | This paper discusses the Brazilian industrialization process (1930-1980). Could we call the Brazilian experience as a Fordism model of development ? In a what sense? Further on highlights the institutional diversity and the national trajectories of development (the varieties of capitalism) and we discuss the Brazilian case: the crisis of the Brazilian development model and the new possibilities. We must examine these ideas in the context of contemporary global crisis and in the background of contradictory and historic sides of the institutional change. Then this paper examines the consequences of social struggles and democratization of the country over social rights and the political economy. We also examine the consequences of the globalization and social development over the Brazilian ways. |
Keywords: | Fordism, institutional change, Brazil, regulation school, social development. |
JEL: | B52 E02 O11 |
Date: | 2017–06 |
URL: | http://d.repec.org/n?u=RePEc:cdp:texdis:td559&r=hme |
By: | Max-Peter Menzel; Johannes Kammer |
Abstract: | In this study, we combine KlepperÕs framework on the evolution of industries with the Varieties of Capitalism approach to argue that industry evolution is mediated by institutional differences. We expect that new industries will evolve with a stronger connection to established industries in coordinated marked economies than in liberal market economies. Our assumptions are supported by the survival analysis of US and Danish wind turbine manufacturers from 1974 to 2014. Length: |
JEL: | L64 O15 P51 |
Date: | 2017–07 |
URL: | http://d.repec.org/n?u=RePEc:egu:wpaper:1716&r=hme |
By: | Heise, Arne |
Abstract: | Economic science has – lamented by some, applauded by others – turned into a monistic discipline. In this short research note, a socio-economic answer to the question of why this has happened is provided by combining an economic approach to the market for economic ideas with a sociological approach to a scientific (power) field. |
Keywords: | pluralism, monism, heterodoxy, standardization, regulation |
JEL: | A14 B40 B50 L15 |
Date: | 2016 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:80023&r=hme |
By: | Maria Perrotta Berlin; Evelina Bonnier; Anders Olofsgård |
Abstract: | In this paper we analyse the impact of foreign aid on gender outcomes and attitudes. We do this by matching geocoded household surveys with aid projects. This offers a middle way between project evaluations and aggregated cross-country comparisons, measuring an average community effect around projects. We find increased opportunities for women to work outside the household, which could strengthen their bargaining power. However, we find mixed results in terms of the impact on women’s control over other key areas of their lives. We argue this is related to differences in what is required for change to happen at the community level. |
Date: | 2017 |
URL: | http://d.repec.org/n?u=RePEc:unu:wpaper:wp2017-130&r=hme |
By: | Joanna Tyrowicz (Group for Research in Applied Economics (GRAPE); University of Warsaw); Jakub Mazurek (Group for Research in Applied Economics (GRAPE)) |
Abstract: | We provide an overview of gender board diversity in Europe, using an exceptional database of over 100 million firms over the period of two decades and a novel gender assignment. We show that women on supervisory boards reduce the likelihood that a woman is on a management board. In fact, as much as 90% of European corporations have no women on supervisory boards, whereas roughly 80% of them has no women on management boards. We also show that more gender equality at a country level is not conducive to greater gender board diversity. |
Keywords: | glass ceiling, gender board diversity |
JEL: | J7 P5 |
Date: | 2017 |
URL: | http://d.repec.org/n?u=RePEc:fme:wpaper:5&r=hme |
By: | Magdalena Smyk (Group for Research in Applied Economics (GRAPE)) |
Abstract: | Gender occupational segregation is one of the most stable phenomena of the labor market. In this study we employ PSID dataset to test whether the fact that women have different professions than men can be, at least partially, explained by their parents occupational history. We find that fathers profession, both first one and the one observed by the son correlate positively with gender intensity of son's occupation. Mother's first occupation is associated with daughter's, but the one that it is performed by mother during daughter's growing up is insignificant. While father's profession is negatively correlated with gender intensity of daughter's profession, mother's occupation does not matter for son's career. |
Keywords: | choice of occupation, family, gender occupational segregation |
JEL: | J16 J13 J24 |
Date: | 2017 |
URL: | http://d.repec.org/n?u=RePEc:fme:wpaper:4&r=hme |
By: | Peter Blair (Clemson University); Bobby Chung (Clemson University) |
Abstract: | In order to work legally, 29% of U.S. workers require an occupational license. We show that occupational licensing reduces the racial wage gap between white and black men by 43%, and the gender wage gap between women and white men by 36%-40%. For black men, a license is a positive indicator of non-felony status that aids in firm screening of workers, whereas women experience differentially higher returns to the human capital that is bundled with occupational licenses. The information and human capital content of licenses enable firms to rely less on race and gender as predictors of worker productivity. |
Keywords: | wage inequality, statistical discrimination, occupational licensing, screening, signaling, optimal regulation |
JEL: | D21 D84 J24 J31 J41 J70 K23 K31 L51 |
Date: | 2017–06 |
URL: | http://d.repec.org/n?u=RePEc:hka:wpaper:2017-50&r=hme |
By: | Allmendinger, Jutta; Haarbrücker, Julia |
Abstract: | [Einleitung ...] Ziel der vorliegenden Analysen auf Grundlage dieser Beschäftigtenerhebung ist es zu verstehen, wo gesellschaftlich, persönlich und betrieblich angesetzt werden kann, um eine gute Vereinbarkeit von Beruf und Sorgeverantwortung zu erzielen. Hierfür müssen wir wissen, unter welchen Rahmenbedingungen die Beschäftigten mit ihren Arbeitszeiten zurechtkommen, wann sie sich gehetzt fühlen und welche Gruppen nicht die Arbeitszeit realisieren können, die sie sich eigentlich wünschen. Im Vordergrund steht dabei immer die Vereinbarkeit von Arbeit und Sorgeverantwortung, sei es für Kinder oder pflegebedürftige Angehörige. Zunächst geht es darum, die wichtigsten Bestimmungsfaktoren zu erläutern. In welcher Haushaltskonstellation, mit welcher Sorgeverantwortung leben die Beschäftigten? Wie steht es um ihre Arbeitszeiten? Was lässt sich über die betrieblichen Rahmenbedingungen sagen, über die Lage der Arbeitszeit und deren Flexibilität? Erst wenn diese Grundlagen bekannt sind, kommen wir zu den drei zentralen Fragen: Unter welchem Zeitdruck stehen die Beschäftigten? Entspricht ihre tatsächliche Arbeitszeit der gewünschten Arbeitszeit oder arbeiten sie aus finanziellen Gründen länger, als sie möchten? Wie zufrieden sind die Beschäftigten insgesamt mit ihrer Arbeitszeit? Die Abfolge der einzelnen Punkte entspricht dem etablierten Vorgehen, wie wir es etwa aus der Analyse der Lohndifferenzen zwischen Männern und Frauen kennen. So wird beispielsweise der Gender Wage Gap - wie alle anderen Ungleichheitsmaße auch - zunächst ohne Berücksichtigung von Unterschieden in der familiären Situation, dem Alter, der Bildung, der Arbeitszeit, den betrieblichen Rahmenbedingungen oder der Branche berichtet. Diese sogenannten Bruttounterschiede werden dann daraufhin geprüft, wie sie sich durch die Kontrolle dieser und weiterer Merkmale verändern und damit auch erklären lassen. Im Hauptteil dieses Beitrags, der Untersuchung von Zeitdruck, finanziellen Restriktionen bei der Gestaltung der Arbeitszeit und der Arbeitszeitzufriedenheit, gehen wir völlig parallel vor. Wir erläutern zunächst Unterschiede zwischen Männern und Frauen nach deren Sorgeverantwortung für Kinder und/oder pflegebedürftige Angehörige und finden dann heraus, wie sich diese Unterschiede nach Berücksichtigung der persönlichen sozioökonomischen Merkmale Bildung, Alter und Arbeitszeiten im zweiten Schritt und nach der zusätzlichen Berücksichtigung betrieblicher Merkmale, der Arbeitszeitlage und der Arbeitszeitflexibilität im dritten Schritt verändern. Zunächst aber geben wir Informationen zur Datengrundlage und zu den sozioökonomischen Merkmalen der Menschen. |
Date: | 2017 |
URL: | http://d.repec.org/n?u=RePEc:zbw:wzbpre:p2017002&r=hme |
By: | Karolina Goraus (The World Bank; University of Warsaw); Joanna Tyrowicz (Group for Research in Applied Economics (GRAPE); University of Warsaw); Lucas van der Velde (Group for Research in Applied Economics (GRAPE)) |
Abstract: | Women in developed economies have experienced an unparalleled increase in employment rates, to the point that the gap with respect to men was cut in half. This positive trend has often been attributed to changes in the opportunity costs of working (e.g. access to caring facilities) and not-working (e.g. educational attainment). Meanwhile, the gender employment gaps were stagnant in transition economies. Admittedly, employment equality among genders was initially much higher in transition countries. We exploit this unique evidence from transition and advanced countries, to analyze the distributional nonlinearities in the relationship between the institutional environment and the (adjusted) gender employment gaps. We estimate comparable gender employment gaps on nearly 1600 micro databases from over 40 countries. We relate these estimates to changes in the opportunity costs of working and not-working. Changes in opportunity costs exhibited stronger correlation with gender employment equality where the gap was larger, i.e. advanced economies. We provide some evidence that these results are not explained away by transition-based theories, and argue that the observed patterns reflect a level effect. Currently, advanced and transition economies are at par in terms of gender employment equality. Hence, the existing instruments might not be sufficient to further reduce the gender employment gap. |
Keywords: | employment, gender gaps, opportunity cost of working, transition, non-parametric estimates |
JEL: | J2 J7 |
Date: | 2017 |
URL: | http://d.repec.org/n?u=RePEc:fme:wpaper:1&r=hme |
By: | Ergen, Timur |
Abstract: | The paper traces the rise and decline of solar cell commercialization efforts during the 1970s and early 1980s in the United States. It shows how technology policies for photovoltaic appliances gained and lost support in a time of increasing uncertainty about future resource supplies and the future of energy provision. Contrary to conventional explanations of the long history of failures to commercialize renewable energy technologies that emphasize path dependencies around established energy technologies, this paper explains the rise and decline of early solar cell policies from the perspective of internal sectoral developments. It demonstrates that cohesion among political economic supporters was critical for public perceptions of the intermediary success of the effort, to continuous investment by industry, and to the maintenance of political support. The paper suggests that support for new industries and technologies is dependent on sectoral order among supporting groups over time. The case of the early photovoltaics policies illustrates how the failure to keep groups unified and committed undermined the implementation of the technology policies, weakened the credibility of the developmental effort, and ultimately led to a decline in political support. The paper contributes to recent debates about the conditions of successful industrial and technology policies by demonstrating that network failures have an important political dimension if ruptures of sectoral cooperation feed back on state support for the respective industry or technology. |
Keywords: | technology policy,renewable energy,institutional change,governance,innovation,Technologiepolitik,erneuerbare Energien,institutioneller Wandel,Governance,Innovation |
Date: | 2017 |
URL: | http://d.repec.org/n?u=RePEc:zbw:mpifgd:177&r=hme |
By: | Sarah Xue Dong |
Abstract: | This paper discusses whether the Asian financial crisis affected men and women differently in Indonesia by estimating the effect of district consumption shock during the crisis on changes in men’s and women’s working status and assets. I found that in rural areas there seems to be no effect of district consumption shock. In urban areas the fall in district consumption increases women’s employment and decreases men’s non-business assets. The effect is both cases is large. I also found that intra-household bargaining may be related to the effect of crises on men and women. Specifically, women who have sole decision-making power on employment prior to the crisis do not need to increase employment as much as a response to the fall in district consumption compared with women without sole decision-making power on employment prior to the crisis. |
Date: | 2017 |
URL: | http://d.repec.org/n?u=RePEc:unu:wpaper:wp2017-134&r=hme |
By: | von Weizsäcker, Carl Christian (Center for Mathematical Economics, Bielefeld University) |
Date: | 2017–04–04 |
URL: | http://d.repec.org/n?u=RePEc:bie:wpaper:7&r=hme |
By: | von Weizsäcker, Carl Christian (Center for Mathematical Economics, Bielefeld University) |
Date: | 2017–04–04 |
URL: | http://d.repec.org/n?u=RePEc:bie:wpaper:2&r=hme |
By: | Gottinger, Hans Werner (Center for Mathematical Economics, Bielefeld University) |
Date: | 2017–04–04 |
URL: | http://d.repec.org/n?u=RePEc:bie:wpaper:59&r=hme |
By: | von Weizsäcker, Carl Christian (Center for Mathematical Economics, Bielefeld University) |
Date: | 2017–04–04 |
URL: | http://d.repec.org/n?u=RePEc:bie:wpaper:13&r=hme |
By: | von Weizsäcker, Carl Christian (Center for Mathematical Economics, Bielefeld University) |
Date: | 2017–04–04 |
URL: | http://d.repec.org/n?u=RePEc:bie:wpaper:9&r=hme |
By: | Albers, Wulf (Center for Mathematical Economics, Bielefeld University) |
Date: | 2017–04–04 |
URL: | http://d.repec.org/n?u=RePEc:bie:wpaper:158&r=hme |