This article introduces discourse analysis as a theoretical concept and an empirical methodology that may enable the endogenization of path creation and path breaking changes in conventional models of political path dependencies. Economic criteria such as rents created by a policy do not always...

Due to the complexity of general and partial equilibrium models, conventional sensitivity analysis, qualitative reviews or literature-based meta-analyses do not allow for detailed assessments of the role of individual parameters and policy shocks across different models. Therefore, the partial...

This work provides a comparison of methodologies for applied research in price transmission analysis. We compare two regime-dependent econometric models, namely the threshold vector error correction model and the Markov-switching vector error correction model. We first provide a conceptual...