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In this article I compare the approaches to process and order of classical political economy and marginalist economics, taking into account the implicit ontological commitments of each perspective in their explanation of capitalism. I draw on the social ontology developed by Tony Lawson, especially the notion of social positioning. The classical political economists studied the capitalist e…
- Tahun Terbit
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This article provides new evidence on heterogeneity in the impact of health shocks by using register-based data on the entire population of Swedish workers. We formulate a difference-in-difference design, where we compare the change in labour earnings across matched workers with a high and low level of education who experience the same type of health shocks. Our results suggest major heterogene…
- Tahun Terbit
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This article uses monthly data on bilateral trade in conjunction with monthly data on terrorism events and associated fatalities to shed light on the impact of terrorism on trade. Employing a structural model of trade, we provide evidence that, if at all, international terrorism displays effects on bilateral and multilateral trade only in the medium run (more than one and a half years after an …
- Tahun Terbit
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