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CfP of Marxist Macroeconomic Modelling workgroup – 18th WAPE Forum, Istanbul August 6-8, 2025

The 18th World Association of Political Economy Forum (WAPE) will be held in Istanbul (August 6-8, 2025). The Call for Papers can be found here: https://wapeweb.org/ The Marxist Macroeconomic Modelling workgroup has issued a special CfP for a stream in the forum. The CfP follows Workgroup for Marxist Macroeconomic Modelling Call for Papers for the 18th Forum of the World Association for Political Economy ‘Multipolarity in the 21st Century: Challenges and...

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Krigskeynesianismens återkomst

I Sveriges vassaste ekonomipod — Starta pressarna — diskuterades igår socialdemokraternas utspel om att inrätta en ny ‘Totalförsvarsfond’ om minst 250 miljarder kronor som ska göra det möjligt att tidigarelägga investeringar och påskynda utbyggnaden av Sveriges försvar. På många sätt är detta så klart ett bra förslag — men också lite sorgligt att det skulle till en galen USA president och krigshot för att  socialdemokratins ledning skulle ta sitt ‘statsbudgetförnuft’ till...

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Finding Eigenvalues and Eigenvectors (student stuff)

Finding Eigenvalues and Eigenvectors (student stuff) .[embedded content] When applying principal component analysis in econometrics courses we often want to reduce data dimensionality. Eigenvalues and eigenvectors help us do that. In macroeconomics — especially when we use dynamic programming and Bellman equations to solve optimization problems — eigenvalues and eigenvectors help us determine convergence and stability properties. So — good to have at least...

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Argentina’s Economic Shock Therapy: Assessing the Impact of Milei’s Austerity Policies and the Road Ahead

By Cem Oyvat, T Sabri Öncü and Joel RabinovichA slightly edited version of this article first appeared in the Indian journal, Economic & Political Weekly, on 15 February 2025.Cem Oyvat ([email protected]) teaches economics at the University of Greenwich. T. Sabri Öncü ([email protected]) is an independent economist based in İstanbul. Joel Rabinovich ([email protected]) teaches international political economy at King’s College London.IntroductionArgentina’s political and economic landscape...

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Recap For A Triple -Switching Example

Figure 1: Actual and Stylized Partitions of Parameter Space with Triple-Switching This post is a continuation of this series of posts. The partitioning of the parameter space by fluke switch points in these posts can be combined into one picture. The left pane in Figure 1 illustrates. The dashed line is a ray from the origin, discussed below. I find this complete picture for this example hard to perceive by eye. The right pane provides a highly stylized presentation of the partitions,...

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