This article surveys selected recent contributions and debates regarding fundamental
aspects of the theory of balance‐of‐payments‐constrained growth (BPCG). The survey …

This paper addresses (I) the transition dynamics incompatibility between the BPCM and the
Prebisch-Singer hypothesis (PSH)(II) the causes of cyclical volatility in developing countries …

Vector Autoregressive (VAR) models have been applied for a long time now to study profit-
squeeze cycles, most of the time using problematic Hodrick-Prescott (HP) filtered time …

This study offers a model that formalizes some of Marx's insights about how capital
accumulation generates contradictions that may reproduce never-ending cycles of booms …

In a recent article published in this journal, Guarini and Porcile (2016) expanded the
Balance-of-Payments Constraint (BoPC) growth model suggesting a way to make it possible …

El presente artículo interpreta teóricamente cómo la competencia real capitalista
internacional presiona a que en las sociedades periféricas los balances comerciales …

Este trabajo reinterpreta algunas intuiciones de Marx mediante un modelo de ciclos
endógenos en tres dimensiones: tasa de empleo, participación salarial e intensidad del …

This article investigates the existence of distributive cycles under different assumptions on
the determinants of technical change in a small open economy. Building on an evolutionary …

Este artículo expone un modelo bisectorial de ciclos distributivos endógenos y
sobreproducción (con elementos marxistas y kaleckianos), al combinar el modelo …

This study builds a dynamic balance‐of‐payments‐constrained model that incorporates the
endogenous determination of the economic growth rate, conflictive wage/price distribution …