Details about Mark Setterfield
Access statistics for papers by Mark Setterfield.
Last updated 2024-08-08. Update your information in the RePEc Author Service.
Short-id: pse237
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Working Papers
2025
- Animal Spirits, Keynesian stability, and the relationship between distribution and growth
Working Papers, New School for Social Research, Department of Economics
- Distribution and Steady-State Growth Revisited
Working Papers, New School for Social Research, Department of Economics
2024
- Animal spirits and the Goodwin pattern
Working Papers, New School for Social Research, Department of Economics View citations (1)
- Capitalism Evolving: An Introduction to Social Structure of Accumulation Theory
Working Papers, New School for Social Research, Department of Economics
- Integrating the Social Reproduction of Labour into Macroeconomic Theory
Working Papers, New School for Social Research, Department of Economics View citations (2)
- Managing the Discontent of the Losers Redux: A Future of Authoritarian Neoliberalism or Social Capitalism?
FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute 
Also in Working Papers, New School for Social Research, Department of Economics (2024)
- The Kalecki-Robinson Tradition in Post-Keynesian Growth Theory
Working Papers, New School for Social Research, Department of Economics View citations (1)
2023
- Achieving two policy targets with one policy instrument: heterogeneous expectations, countercyclical fiscal policy, and macroeconomic stabilization at the effective lower bound
Working Papers, New School for Social Research, Department of Economics 
Also in Working Papers, Department of Economics, University of São Paulo (FEA-USP) (2023)  FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute (2023)
- Post-Keynesian growth theory and the supply side: a feminist-structuralist approach
Working Papers, New School for Social Research, Department of Economics View citations (3)
- Will hysteresis effects afflict the US economy during the post-COVID recovery?
Working Papers, New School for Social Research, Department of Economics
2022
- Harrodians and Kaleckians: a suggested reconciliation and synthesis
Working Papers, New School for Social Research, Department of Economics
- Historical Time and the Current State of Post-Keynesian Growth Theory
Working Papers, New School for Social Research, Department of Economics View citations (1)
- How Financially Fragile can Households Become? Household Borrowing, the Welfare State, and Macroeconomic Resilienc
Working Papers, University of Massachusetts Boston, Economics Department 
Also in Working Papers, New School for Social Research, Department of Economics (2022) 
See also Journal Article How financially fragile can households become? Household borrowing, the welfare state, and macroeconomic resilience, Review of Evolutionary Political Economy, Springer (2024) View citations (1) (2024)
- Inflation and distribution during the post-COVID recovery
FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute
- Inflation and distribution during the post-COVID recovery: a Kaleckian approach
Working Papers, New School for Social Research, Department of Economics View citations (1)
See also Journal Article Inflation and distribution during the post-COVID recovery: a Kaleckian approach, Journal of Post Keynesian Economics, Taylor & Francis Journals (2023) View citations (3) (2023)
- Is capacity utilization variable in the long run? An agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization
Post-Print, HAL
Also in Working Papers, New School for Social Research, Department of Economics (2021)  Working Papers, HAL (2020)  CEPN Working Papers, HAL (2020)  FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute (2020) 
See also Journal Article Is capacity utilization variable in the long run? An agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization, Structural Change and Economic Dynamics, Elsevier (2022) View citations (1) (2022)
- Structural change in the US Phillips curve, 1948-2021: the role of power and institutions
Working Papers, New School for Social Research, Department of Economics View citations (4)
Also in FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute (2022) View citations (4) Working Papers, Post Keynesian Economics Society (PKES) (2022) View citations (2)
2021
- Contemporary Macroeconomic Outcomes: A Tragedy in Three Acts
Working Papers, New School for Social Research, Department of Economics
- Neoliberalism: An entrenched but exhausted growth regime
Working Papers, New School for Social Research, Department of Economics 
See also Journal Article Neoliberalism: An Entrenched but Exhausted Growth Regime, Ensayos Económicos, Central Bank of Argentina, Economic Research Department (2022) (2022)
- The network origins of aggregate Fluctuations: A demand-side approach
FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute 
Also in Working Papers, New School for Social Research, Department of Economics (2021) 
See also Journal Article The network origins of aggregate fluctuations: A demand-side approach, Structural Change and Economic Dynamics, Elsevier (2023) View citations (3) (2023)
- Whatever happened to the 'Goodwin pattern'?
FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute
- Whatever happened to the 'Goodwin pattern'? Profit Squeeze Dynamics in the Modern American Labour market
Working Papers, New School for Social Research, Department of Economics View citations (6)
See also Journal Article Whatever Happened to the ‘Goodwin Pattern’? Profit Squeeze Dynamics in the Modern American Labour Market, Review of Political Economy, Taylor & Francis Journals (2023) View citations (2) (2023)
2020
- Editorial to the special issue: The monetary economics of Basil J. Moore
Working Papers, New School for Social Research, Department of Economics
- On Multi-Sector and Multi-Technique Models, Production Functions and Goodwin Cycles: A Reply to Libman
Working Papers, New School for Social Research, Department of Economics View citations (2)
See also Journal Article On multi-sector and multi-technique models, production functions and Goodwin cycles: a reply to Libman, European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing (2020) View citations (2) (2020)
- Political Aspects of ´Buffer Stock`Employment: A Reconsideration
FMM Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute
- Political Aspects of ‘Buffer Stock’ Employment: A Reconsideration
Working Papers, New School for Social Research, Department of Economics View citations (1)
2019
- Hysteresis in the normal rate of capacity utilization: a behavioural explanation
Working Papers, New School for Social Research, Department of Economics View citations (6)
See also Journal Article Hysteresis in the normal rate of capacity utilization: A behavioral explanation, Metroeconomica, Wiley Blackwell (2020) View citations (9) (2020)
- Tolerable ranges of variation in the rate of capacity utilization and corridor instability: a reply to Florian Botte
Working Papers, New School for Social Research, Department of Economics View citations (1)
2018
- Managing the Discontent of the Losers
Working Papers, New School for Social Research, Department of Economics 
See also Journal Article Managing the discontent of the losers, Review of Social Economy, Taylor & Francis Journals (2020) View citations (4) (2020)
- Varieties of Capitalism, Increasing Income Inequality, and the Sustainability of Long-Run Growth
Working Papers, New School for Social Research, Department of Economics 
Also in Working Papers, University of Massachusetts Boston, Economics Department (2018) 
See also Journal Article Varieties of capitalism, increasing income inequality and the sustainability of long-run growth, Cambridge Journal of Economics, Cambridge Political Economy Society (2020) View citations (15) (2020)
2017
- Is the balance of payments constrained growth rate time-varying? Exchange rate over valuation, policy-induced recessions, deindustrialization, and long run growth
Working Papers, New School for Social Research, Department of Economics View citations (1)
- Long-run variation in capacity utilization in the presence of a fixed normal rate
Working Papers, New School for Social Research, Department of Economics View citations (4)
See also Journal Article Long-run variation in capacity utilization in the presence of a fixed normal rate, Cambridge Journal of Economics, Cambridge Political Economy Society (2019) View citations (17) (2019)
- Modern (American) Capitalism: A Three Act Tragedy
Working Papers, New School for Social Research, Department of Economics
- Nominal exchange rate shocks and inflation in an open economy: towards a structuralist inflation targeting agenda
Working Papers, New School for Social Research, Department of Economics View citations (2)
See also Journal Article Nominal exchange rate shocks and inflation in an open economy: towards a structuralist inflation targeting agenda, Cambridge Journal of Economics, Cambridge Political Economy Society (2020) View citations (12) (2020)
- Political Aspects of Household Debt
Working Papers, Department of Economics, University of São Paulo (FEA-USP) View citations (4)
Also in Working Papers, New School for Social Research, Department of Economics (2017) View citations (4) Working Papers, University of Massachusetts Boston, Economics Department (2017) View citations (4)
- The Great Deception: The 'Science' of Monetary Policy and the Great Moderation Revisited
Working Papers, Department of Economics, University of São Paulo (FEA-USP) 
Also in Working Papers, New School for Social Research, Department of Economics (2017)
- Time variation in the size of the multiplier: a Kalecki-Harrod approach
Working Papers, New School for Social Research, Department of Economics
2016
- Expectations and Stability in the Kaleckian Growth Model
Working Papers, New School for Social Research, Department of Economics View citations (2)
- Household Borrowing and the Possibility of Consumption- Driven, Profit-Led Growth
Working Papers Series, Institute for New Economic Thinking 
Also in Working Papers, New School for Social Research, Department of Economics (2016) 
See also Journal Article Household borrowing and the possibility of 'consumption-driven, profit-led growth', Review of Keynesian Economics, Edward Elgar Publishing (2017) View citations (9) (2017)
- Household Borrowing and the Possibility of ``Consumption-Driven, Profit-Led Growth’’
Working Papers, University of Massachusetts Boston, Economics Department
- Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations
Working Papers, Department of Economics, University of São Paulo (FEA-USP) View citations (1)
See also Journal Article Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations, Journal of Post Keynesian Economics, Taylor & Francis Journals (2014) View citations (9) (2014)
- Won’t Get Fooled Again – Or Will We? Monetary Policy, Model Uncertainty, and ‘Policy Model Complacency’
Working Papers, New School for Social Research, Department of Economics View citations (3)
2015
- A Simple Analytical Model of the Adverse Real Effects of Inflation
Working Papers, New School for Social Research, Department of Economics View citations (4)
See also Journal Article A simple analytical model of the adverse real effects of inflation, Journal of Post Keynesian Economics, Taylor & Francis Journals (2015) View citations (4) (2015)
- Debt Servicing, Aggregate Consumption, and Growth
Working Papers Series, Institute for New Economic Thinking 
Also in Working Papers, Trinity College, Department of Economics (2013) View citations (7)
See also Journal Article Debt servicing, aggregate consumption, and growth, Structural Change and Economic Dynamics, Elsevier (2016) View citations (34) (2016)
- Heterodox economics, social ontology, and the use of mathematics
Working Papers, New School for Social Research, Department of Economics View citations (1)
- Inequality, Debt Servicing, and the Sustainability of Steady State Growth
Working Papers Series, Institute for New Economic Thinking View citations (1)
Also in Working Papers, University of Massachusetts Boston, Economics Department (2014) View citations (2) Working Papers, New School for Social Research, Department of Economics (2014) View citations (2)
See also Journal Article Inequality, Debt Servicing and the Sustainability of Steady State Growth, Review of Political Economy, Taylor & Francis Journals (2016) View citations (27) (2016)
- Intermediation, Money Creation, and Keynesian Macrodynamics in Multi-agent Systems
Working Papers, New School for Social Research, Department of Economics View citations (1)
See also Journal Article Intermediation, Money Creation, and Keynesian Macrodynamics in Multi-agent Systems, Review of Political Economy, Taylor & Francis Journals (2018) (2018)
- Is there scientific progress in macroeconomics? The case of the NAIRU
Working Papers, New School for Social Research, Department of Economics 
See also Journal Article Is there scientific progress in macroeconomics? The case of the NAIRU, European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing (2020) View citations (4) (2020)
- Path Dependency
Working Papers, New School for Social Research, Department of Economics
- Real and financial crises in the Keynes-Kalecki structuralist model: An agent-based approach
Working Papers, New School for Social Research, Department of Economics View citations (3)
2014
- Aggregate structural macroeconomic analysis: a reconsideration and defence
Working Papers, Davidson College, Department of Economics View citations (1)
See also Journal Article Aggregate structural macroeconomic analysis: a reconsideration and defence, Cambridge Journal of Economics, Cambridge Political Economy Society (2014) View citations (3) (2014)
- An essay on horizontalism, structuralism and historical time
Working Papers, Trinity College, Department of Economics View citations (1)
- Economic Growth and Development
Working Papers, Trinity College, Department of Economics
- Firm performance, macroeconomic conditions, and “animal spirits” in a Post Keynesian model of aggregate fluctuations
Working Papers, Davidson College, Department of Economics View citations (2)
See also Journal Article Firm performance, macroeconomic conditions, and “animal spirits” in a Post Keynesian model of aggregate fluctuations, Journal of Post Keynesian Economics, Taylor & Francis Journals (2015) View citations (9) (2015)
- Multi-Agent Systems as a Tool for Analyzing Path-Dependent Macrodynamics
Working Papers, Davidson College, Department of Economics View citations (1)
Also in Working Papers, New School for Social Research, Department of Economics (2014) View citations (1)
See also Journal Article Multi-agent systems as a tool for analyzing path-dependent macrodynamics, Structural Change and Economic Dynamics, Elsevier (2016) View citations (3) (2016)
- Real and financial crises: A multi-agent approach
Working Papers, Trinity College, Department of Economics
- Rising Income Inequality, Increased Household Indebtedness, and Post Keynesian Macrodynamics
Working Papers, New School for Social Research, Department of Economics View citations (3)
2013
- A Theory of Aggregate Consumption
Working Papers, Trinity College, Department of Economics View citations (4)
See also Journal Article A theory of aggregate consumption, European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing (2014) View citations (30) (2014)
- Did CNBC contribute to the Great Moderation or the Great Recession?
Working Papers, Trinity College, Department of Economics
- How the Great Moderation Became a (Contained) Depression and What to Do About It
Working Papers, Trinity College, Department of Economics View citations (3)
- Using Interest Rates as the Instrument of Monetary Policy: Beware Real effects, Positive Feedbacks, and Discontinuities
Working Papers, Trinity College, Department of Economics 
See also Journal Article Using Interest Rates as the Instrument of Monetary Policy: Beware Real effects, Positive Feedbacks, and Discontinuities, Ensayos Económicos, Central Bank of Argentina, Economic Research Department (2014) (2014)
2012
- Aggregate Consumption and Debt Accumulation: An Empirical Examination of US Household Behavior
Working Papers, Trinity College, Department of Economics 
See also Journal Article Aggregate consumption and debt accumulation: an empirical examination of US household behaviour, Cambridge Journal of Economics, Cambridge Political Economy Society (2015) View citations (25) (2015)
- Aggregate Structural Macroeconomic Modelling: A Reconsideration and Defence
Working Papers, Trinity College, Department of Economics View citations (1)
- Exploring the Supply Side of Kaldorian Growth Models
Working Papers, Trinity College, Department of Economics 
See also Journal Article Exploring the supply side of Kaldorian growth models, Review of Keynesian Economics, Edward Elgar Publishing (2013) View citations (10) (2013)
- Real Sector Imbalances and the Great Recession
Working Papers, Trinity College, Department of Economics View citations (3)
2011
- The Cost Channel of Monetary Policy in a Post Keynesian Macrodynamic Model of Inflation and Output Targeting
Working Papers, Trinity College, Department of Economics View citations (3)
- The Remarkable Durability of Thirlwall’s Law
Working Papers, Trinity College, Department of Economics View citations (38)
See also Chapter The Remarkable Durability of Thirlwall’s Law, Palgrave Macmillan Books, Palgrave Macmillan (2012) View citations (2) (2012) Journal Article The remarkable durability of Thirlwall's Law, PSL Quarterly Review, Economia civile (2011) View citations (38) (2011)
2010
- A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features
Working Papers, Trinity College, Department of Economics View citations (2)
See also Chapter A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features, Palgrave Macmillan Books, Palgrave Macmillan (2011) View citations (5) (2011)
- Anticipations of the Crisis: On the Similarities Between Post Keynesian Economics and Regulation Theory
Working Papers, Trinity College, Department of Economics View citations (3)
See also Journal Article Anticipations of the Crisis: On the Similarities between post-Keynesian Economics and Regulation Theory, Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation (2011) View citations (10) (2011)
- Endogenous Growth: A Kaldorian Approach
Working Papers, Trinity College, Department of Economics View citations (14)
- Hysteresis
Working Papers, Trinity College, Department of Economics
- Post-Keynesian Macrodynamics and Path-Dependent Growth
Working Papers, Trinity College, Department of Economics 
See also Journal Article Post-Keynesian macrodynamics and path-dependent growth, European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing (2011) View citations (7) (2011)
- Real Wages, Aggregate Demand, and the Macroeconomic Travails of the US Economy: Diagnosis and Prognosis
Working Papers, Trinity College, Department of Economics View citations (5)
2009
- Neoclassical Growth Theory and Heterodox Growth Theory: Opportunities For and Obstacles To Greater Engagement
Working Papers, Trinity College, Department of Economics View citations (6)
See also Journal Article Neoclassical Growth Theory and Heterodox Growth Theory: Opportunities For (and Obstacles To) Greater Engagement, Eastern Economic Journal, Palgrave Macmillan (2014) View citations (4) (2014)
2008
- History versus equilibrium? on the possibility and realist basis of a general critique of traditional equilibrium analysis
Post-Print, HAL View citations (8)
See also Journal Article History versus equilibrium? on the possibility and realist basis of a general critique of traditional equilibrium analysis, Journal of Post Keynesian Economics, Taylor & Francis Journals (2006) View citations (13) (2006)
- Stability, equilibrium, and realism: a response to Sardoni
Post-Print, HAL
2007
- INFLATION TARGETING AND MACROECONOMIC STABILITY IN A POST KEYNESIAN ECONOMY
Anais do XXXV Encontro Nacional de Economia [Proceedings of the 35th Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics] View citations (21)
Journal Articles
2024
- How financially fragile can households become? Household borrowing, the welfare state, and macroeconomic resilience
Review of Evolutionary Political Economy, 2024, 5, (1), 121-151 View citations (1)
See also Working Paper How Financially Fragile can Households Become? Household Borrowing, the Welfare State, and Macroeconomic Resilienc, Working Papers (2022) (2022)
2023
- Inflation and distribution during the post-COVID recovery: a Kaleckian approach
Journal of Post Keynesian Economics, 2023, 46, (4), 587-611 View citations (3)
See also Working Paper Inflation and distribution during the post-COVID recovery: a Kaleckian approach, Working Papers (2022) View citations (1) (2022)
- Joan Robinson’s historical time and the current state of post-Keynesian growth theory
Cambridge Journal of Economics, 2023, 47, (5), 965-984 View citations (2)
- Post-Keynesian growth theory and the supply side: a feminist approach
European Journal of Economics and Economic Policies: Intervention, 2023, 20, (2), 299-316 View citations (3)
- The network origins of aggregate fluctuations: A demand-side approach
Structural Change and Economic Dynamics, 2023, 64, (C), 111-123 View citations (3)
See also Working Paper The network origins of aggregate Fluctuations: A demand-side approach, FMM Working Paper (2021) (2021)
- Whatever Happened to the ‘Goodwin Pattern’? Profit Squeeze Dynamics in the Modern American Labour Market
Review of Political Economy, 2023, 35, (1), 263-286 View citations (2)
See also Working Paper Whatever happened to the 'Goodwin pattern'? Profit Squeeze Dynamics in the Modern American Labour market, Working Papers (2021) View citations (6) (2021)
- Will hysteresis effects afflict the US economy during the post-COVID-19 recovery?
Review of Keynesian Economics, 2023, 11, (4), 507-528
2022
- Is capacity utilization variable in the long run? An agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization
Structural Change and Economic Dynamics, 2022, 63, (C), 196-212 View citations (1)
See also Working Paper Is capacity utilization variable in the long run? An agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization, Post-Print (2022) (2022)
- Neoliberalism: An Entrenched but Exhausted Growth Regime
Ensayos Económicos, 2022, 1, (79), 131-146 
See also Working Paper Neoliberalism: An entrenched but exhausted growth regime, Working Papers (2021) (2021)
2020
- Editorial to the special issue
European Journal of Economics and Economic Policies: Intervention, 2020, 17, (3), 307-312
- Hysteresis in the normal rate of capacity utilization: A behavioral explanation
Metroeconomica, 2020, 71, (4), 898-919 View citations (9)
See also Working Paper Hysteresis in the normal rate of capacity utilization: a behavioural explanation, Working Papers (2019) View citations (6) (2019)
- Is there scientific progress in macroeconomics? The case of the NAIRU
European Journal of Economics and Economic Policies: Intervention, 2020, 17, (1), 19-38 View citations (4)
See also Working Paper Is there scientific progress in macroeconomics? The case of the NAIRU, Working Papers (2015) (2015)
- Managing the discontent of the losers
Review of Social Economy, 2020, 78, (1), 77-97 View citations (4)
See also Working Paper Managing the Discontent of the Losers, Working Papers (2018) (2018)
- Nominal exchange rate shocks and inflation in an open economy: towards a structuralist inflation targeting agenda
Cambridge Journal of Economics, 2020, 44, (6), 1271-1299 View citations (12)
See also Working Paper Nominal exchange rate shocks and inflation in an open economy: towards a structuralist inflation targeting agenda, Working Papers (2017) View citations (2) (2017)
- On multi-sector and multi-technique models, production functions and Goodwin cycles: a reply to Libman
European Journal of Economics and Economic Policies: Intervention, 2020, 17, (3), 295-306 View citations (2)
See also Working Paper On Multi-Sector and Multi-Technique Models, Production Functions and Goodwin Cycles: A Reply to Libman, Working Papers (2020) View citations (2) (2020)
- Varieties of capitalism, increasing income inequality and the sustainability of long-run growth
Cambridge Journal of Economics, 2020, 44, (3), 559-582 View citations (15)
See also Working Paper Varieties of Capitalism, Increasing Income Inequality, and the Sustainability of Long-Run Growth, Working Papers (2018) (2018)
2019
- Long-run variation in capacity utilization in the presence of a fixed normal rate
Cambridge Journal of Economics, 2019, 43, (2), 443-463 View citations (17)
See also Working Paper Long-run variation in capacity utilization in the presence of a fixed normal rate, Working Papers (2017) View citations (4) (2017)
- Time variation in the size of the multiplier: a Kalecki–Harrod approach
Review of Keynesian Economics, 2019, 7, (1), 28-42 View citations (4)
2018
- Austerity: The History of a Dangerous Idea
Eastern Economic Journal, 2018, 44, (2), 335-336
- Can monetary policy survive policy model mis†specification? Model uncertainty and the perils of “policy model complacencyâ€
Metroeconomica, 2018, 69, (1), 2-15
- Intermediation, Money Creation, and Keynesian Macrodynamics in Multi-agent Systems
Review of Political Economy, 2018, 30, (2), 154-171 
See also Working Paper Intermediation, Money Creation, and Keynesian Macrodynamics in Multi-agent Systems, Working Papers (2015) View citations (1) (2015)
- The Macro Pedagogy Debate: Teaching DSGE to Undergraduates Symposium
The Journal of Economic Education, 2018, 49, (3), 237-241 View citations (2)
2017
- Household borrowing and the possibility of 'consumption-driven, profit-led growth'
Review of Keynesian Economics, 2017, 5, (1), 43-60 View citations (9)
See also Working Paper Household Borrowing and the Possibility of Consumption- Driven, Profit-Led Growth, Working Papers Series (2016) (2016)
- Wage- versus profit-led growth after 25 years: an introduction to the fourth special issue
Review of Keynesian Economics, 2017, 5, (3), 303-306 View citations (1)
- Wage- versus profit-led growth after 25 years: an introduction to the second special issue
Review of Keynesian Economics, 2017, 5, (1), 1-3 View citations (1)
- Wage- versus profit-led growth after 25 years: an introduction to the third special issue
Review of Keynesian Economics, 2017, 5, (2), 143-145 View citations (1)
2016
- Debt servicing, aggregate consumption, and growth
Structural Change and Economic Dynamics, 2016, 36, (C), 22-33 View citations (34)
See also Working Paper Debt Servicing, Aggregate Consumption, and Growth, Working Papers Series (2015) (2015)
- Inequality, Debt Servicing and the Sustainability of Steady State Growth
Review of Political Economy, 2016, 28, (1), 45-63 View citations (27)
See also Working Paper Inequality, Debt Servicing, and the Sustainability of Steady State Growth, Working Papers Series (2015) View citations (1) (2015)
- Multi-agent systems as a tool for analyzing path-dependent macrodynamics
Structural Change and Economic Dynamics, 2016, 38, (C), 25-37 View citations (3)
See also Working Paper Multi-Agent Systems as a Tool for Analyzing Path-Dependent Macrodynamics, Working Papers (2014) View citations (1) (2014)
- Wage- versus profit-led growth after 25 years: an introduction
Review of Keynesian Economics, 2016, 4, (4), 367-372 View citations (7)
2015
- A simple analytical model of the adverse real effects of inflation
Journal of Post Keynesian Economics, 2015, 38, (4), 637-665 View citations (4)
See also Working Paper A Simple Analytical Model of the Adverse Real Effects of Inflation, Working Papers (2015) View citations (4) (2015)
- Aggregate consumption and debt accumulation: an empirical examination of US household behaviour
Cambridge Journal of Economics, 2015, 39, (1), 93-112 View citations (25)
See also Working Paper Aggregate Consumption and Debt Accumulation: An Empirical Examination of US Household Behavior, Working Papers (2012) (2012)
- Firm performance, macroeconomic conditions, and “animal spirits” in a Post Keynesian model of aggregate fluctuations
Journal of Post Keynesian Economics, 2015, 38, (1), 38-63 View citations (9)
See also Working Paper Firm performance, macroeconomic conditions, and “animal spirits” in a Post Keynesian model of aggregate fluctuations, Working Papers (2014) View citations (2) (2014)
2014
- A Guide for " JEE Content" Submissions
The Journal of Economic Education, 2014, 45, (2), 159-165
- A theory of aggregate consumption
European Journal of Economics and Economic Policies: Intervention, 2014, 11, (1), 31-49 View citations (30)
See also Working Paper A Theory of Aggregate Consumption, Working Papers (2013) View citations (4) (2013)
- Aggregate structural macroeconomic analysis: a reconsideration and defence
Cambridge Journal of Economics, 2014, 38, (4), 797-815 View citations (3)
See also Working Paper Aggregate structural macroeconomic analysis: a reconsideration and defence, Working Papers (2014) View citations (1) (2014)
- Book review: Anthony P. Thirlwall, Economic Growth in an Open Developing Economy: The Role of Structure and Demand (Edward Elgar, Cheltenham, UK and Northampton, MA, USA 2013) 200 pp
Review of Keynesian Economics, 2014, 2, (4), 550-552
- Errata in 'Exploring the supply side of Kaldorian growth models', Review of Keynesian Economics, 1 (1), 22–36 (2013)
Review of Keynesian Economics, 2014, 2, (1), 118-118
- Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations
Journal of Post Keynesian Economics, 2014, 37, (2), 255-279 View citations (9)
See also Working Paper Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations, Working Papers, Department of Economics (2016) View citations (1) (2016)
- Neoclassical Growth Theory and Heterodox Growth Theory: Opportunities For (and Obstacles To) Greater Engagement
Eastern Economic Journal, 2014, 40, (3), 365-386 View citations (4)
See also Working Paper Neoclassical Growth Theory and Heterodox Growth Theory: Opportunities For and Obstacles To Greater Engagement, Working Papers (2009) View citations (6) (2009)
- The Cost Channel of Monetary Transmission and Stabilization Policy in a Post-Keynesian Macrodynamic Model
Review of Political Economy, 2014, 26, (2), 258-281 View citations (6)
- Using Interest Rates as the Instrument of Monetary Policy: Beware Real effects, Positive Feedbacks, and Discontinuities
Ensayos Económicos, 2014, 1, (70), 7-22 
See also Working Paper Using Interest Rates as the Instrument of Monetary Policy: Beware Real effects, Positive Feedbacks, and Discontinuities, Working Papers (2013) (2013)
2013
- Exploring the supply side of Kaldorian growth models
Review of Keynesian Economics, 2013, 1, (1), 22-36 View citations (10)
See also Working Paper Exploring the Supply Side of Kaldorian Growth Models, Working Papers (2012) (2012)
2012
- A Kaleckian model of growth and distribution with conflict-inflation and Post Keynesian nominal interest rate rules
Journal of Post Keynesian Economics, 2012, 34, (3), 497-520 View citations (13)
2011
- Anticipations of the Crisis: On the Similarities between post-Keynesian Economics and Regulation Theory
Revue de la Régulation - Capitalisme, institutions, pouvoirs, 2011, 10 View citations (10)
See also Working Paper Anticipations of the Crisis: On the Similarities Between Post Keynesian Economics and Regulation Theory, Working Papers (2010) View citations (3) (2010)
- Post-Keynesian macrodynamics and path-dependent growth
European Journal of Economics and Economic Policies: Intervention, 2011, 8, (2), 299-316 View citations (7)
See also Working Paper Post-Keynesian Macrodynamics and Path-Dependent Growth, Working Papers (2010) (2010)
- The remarkable durability of Thirlwall's Law
PSL Quarterly Review, 2011, 64, (259), 393-427 View citations (38)
See also Working Paper The Remarkable Durability of Thirlwall’s Law, Working Papers (2011) View citations (38) (2011) Chapter The Remarkable Durability of Thirlwall’s Law, Palgrave Macmillan Books, 2012, 83-110 (2012) View citations (2) (2012)
2010
- Macrodynamics for a Better Society: The Economics of John Cornwall
Review of Political Economy, 2010, 22, (4), 481-498
- Macroeconomic Theory and Macroeconomic Pedagogy: A response to some criticisms
European Journal of Economics and Economic Policies: Intervention, 2010, 7, (2), 271-277
- Pricing Behaviour and the Cost-Push Channel of Monetary Policy
Review of Political Economy, 2010, 22, (1), 19-40 View citations (17)
2009
- A Guide for Submissions to the JEE Content Section
The Journal of Economic Education, 2009, 40, (3), 262-271
- An index of macroeconomic performance
International Review of Applied Economics, 2009, 23, (5), 625-649 View citations (4)
- Fiscal and monetary policy interactions: lessons for revising the EU Stability and Growth Pact
Journal of Post Keynesian Economics, 2009, 31, (4), 623-643 View citations (7)
- Macroeconomics without the LM curve: an alternative view
Cambridge Journal of Economics, 2009, 33, (2), 273-293 View citations (21)
- Macroeconomics, endogenous money and the contemporary financial crisis: a teaching model
International Journal of Pluralism and Economics Education, 2009, 1, (1/2), 130-147 View citations (9)
2008
- The Political Economy of Interest-Rate Setting, Inflation, and Income Distribution
International Journal of Political Economy, 2008, 37, (2), 5-25 View citations (16)
2007
- Are Functional Relations Always the Alter Ego of Humean Laws?
Review of Political Economy, 2007, 19, (2), 203-217 View citations (2)
- Interest rates, income distribution, and monetary policy dominance: Post Keynesians and the "fair rate" of interest
Journal of Post Keynesian Economics, 2007, 30, (1), 13-42 View citations (53)
- Is There a Stabilizing Role for Fiscal Policy in the New Consensus?
Review of Political Economy, 2007, 19, (3), 405-418 View citations (20)
- The rise, decline and rise of incomes policies in the US during the post-war era: an institutional-analytical explanation of inflation and the functional distribution of income
Journal of Institutional Economics, 2007, 3, (2), 127-146 View citations (34)
2006
- Aspirations, bargaining power, and macroeconomic performance
Journal of Post Keynesian Economics, 2006, 29, (1), 117-148 View citations (18)
- Balancing the Macroeconomic Books on the Backs of Workers: A Simple Analytical Political Economy Model of Contemporary U.S. Capitalism
International Journal of Political Economy, 2006, 35, (3), 46-63 View citations (16)
- History versus equilibrium? on the possibility and realist basis of a general critique of traditional equilibrium analysis
Journal of Post Keynesian Economics, 2006, 29, (2), 191-209 View citations (13)
See also Working Paper History versus equilibrium? on the possibility and realist basis of a general critique of traditional equilibrium analysis, Post-Print (2008) View citations (8) (2008)
- Is inflation targeting compatible with Post Keynesian economics?
Journal of Post Keynesian Economics, 2006, 28, (4), 653-671 View citations (30)
2005
- Worker Insecurity and U.S. Macroeconomic Performance During the 1990s
Review of Radical Political Economics, 2005, 37, (2), 155-177 View citations (9)
2004
- Financial fragility, effective demand and the business cycle
Review of Political Economy, 2004, 16, (2), 207-223 View citations (10)
2003
- Capitalist Development in the Twentieth Century: An Evolutionary-KeynesianAnalysis
Journal of Economic Issues, 2003, 37, (3), 826-828
- Keynes's dialectic?
Cambridge Journal of Economics, 2003, 27, (3), 359-376
- Separate Identity or Post Walrasian Future: Whither Analytical Political Economy?
International Journal of Political Economy, 2003, 33, (2), 82-86
- Supply and Demand in the Theory of Long-run Growth: Introduction to a symposium on demand-led growth
Review of Political Economy, 2003, 15, (1), 23-32 View citations (18)
- The phillips curve and US macroeconomic performance during the 1990s
International Review of Applied Economics, 2003, 17, (4), 361-376 View citations (7)
- What Is Analytical Political Economy?
International Journal of Political Economy, 2003, 33, (2), 4-16 View citations (1)
2001
- Cumulative Causation, Interrelatedness and the Theory of Economic Growth: A Reply to Argyrous and Toner
Cambridge Journal of Economics, 2001, 25, (1), 107-12 View citations (3)
2000
- Expectations, Endogenous Money, and the Business Cycle: An Exercise in Open Systems Modeling
Journal of Post Keynesian Economics, 2000, 23, (1), 77-105 View citations (4)
1999
- Book Review
Review of Social Economy, 1999, 57, (3), 405-410
- Expectations, Path Dependence and Effective Demand: A Macroeconomic Model along Keynesian Lines
Journal of Post Keynesian Economics, 1999, 21, (3), 479-501 View citations (8)
1998
- Adjustment Asymmetries and Hysteresis in Simple Dynamic Models
The Manchester School of Economic & Social Studies, 1998, 66, (3), 283-301 View citations (8)
- Book Reviews
Review of Social Economy, 1998, 56, (1), 90-93
- History versus Equilibrium: Nicholas Kaldor on Historical Time and Economic Theory
Cambridge Journal of Economics, 1998, 22, (5), 521-37 View citations (12)
- Path Dependency and Animal Spirits: A Reply
Journal of Post Keynesian Economics, 1998, 21, (1), 167-170 View citations (1)
1997
- 'History versus Equilibrium' and the Theory of Economic Growth
Cambridge Journal of Economics, 1997, 21, (3), 365-78 View citations (43)
- Should Economists Dispense with the Notion of Equilibrium?
Journal of Post Keynesian Economics, 1997, 20, (1), 47-76 View citations (17)
1993
- A Model of Institutional Hysteresis
Journal of Economic Issues, 1993, 27, (3), 755-774 View citations (24)
- CHANGE OR PERMANENCE? GROWTH AND DEVELOPMENT IN CAPITALIST ECONOMIES
Review of Income and Wealth, 1993, 39, (2), 217-223
- Towards a Long-Run Theory of Effective Demand: Modeling Macroeconomic Systems with Hysteresis
Journal of Post Keynesian Economics, 1993, 15, (3), 347-364 View citations (3)
1992
- Searching for a will o' the wisp: An empirical study of the NAIRU in Canada
European Economic Review, 1992, 36, (1), 119-136 View citations (26)
Books
2023
- Capitalism, Inclusive Growth, and Social Protection
Books, Edward Elgar Publishing
1997
- Rapid Growth and Relative Decline
Palgrave Macmillan Books, Palgrave Macmillan View citations (31)
Edited books
2014
- After the Great Recession
Cambridge Books, Cambridge University Press
2013
- After the Great Recession
Cambridge Books, Cambridge University Press View citations (36)
2010
- Handbook of Alternative Theories of Economic Growth
Books, Edward Elgar Publishing View citations (155)
2009
- Macroeconomic Theory and Macroeconomic Pedagogy
Palgrave Macmillan Books, Palgrave Macmillan View citations (41)
2006
- Complexity, Endogenous Money and Macroeconomic Theory
Books, Edward Elgar Publishing View citations (43)
2002
- The Economics of Demand-Led Growth
Books, Edward Elgar Publishing View citations (256)
1999
- Growth, Employment and Inflation
Palgrave Macmillan Books, Palgrave Macmillan View citations (28)
Chapters
2012
- Faith-based Macroeconomics: A Critique of Recent Developments in NAIRU Estimation
Chapter 5 in Employment, Growth and Development, 2012
- Stabilization Policy with an Endogenous Commercial Bank
Chapter 2 in Monetary Policy and Central Banking, 2012
- The Remarkable Durability of Thirlwall’s Law
Palgrave Macmillan View citations (2)
See also Journal Article The remarkable durability of Thirlwall's Law, Economia civile (2011) View citations (38) (2011) Working Paper The Remarkable Durability of Thirlwall’s Law, Trinity College, Department of Economics (2011) View citations (38) (2011)
2011
- A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features
Palgrave Macmillan View citations (5)
See also Working Paper A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features, Trinity College, Department of Economics (2010) View citations (2) (2010)
- Post-Keynesian Interest Rate Rules and Macroeconomic Performance: A Comparative Evaluation
Chapter 7 in Credit, Money and Macroeconomic Policy, 2011 View citations (2)
2010
- Endogenous Regional Growth: A Critical Survey
Chapter 21 in Handbook of Alternative Theories of Economic Growth, 2010 View citations (13)
- Gender Equality and the Sustainability of Steady State Growth Paths
Chapter 18 in Handbook of Alternative Theories of Economic Growth, 2010
2009
- A Simple (and Teachable) Macroeconomic Model with Endogenous Money
Palgrave Macmillan View citations (9)
- Macroeconomic Theory and Macroeconomic Pedagogy: An Introduction
Palgrave Macmillan View citations (3)
2007
- What is Endogenous Growth Theory?
Chapter 3 in Economic Growth, 2007 View citations (11)
2006
- Effective Demand and Endogenous Money in a Path-Dependent Economy: Towards a ‘Moorian’ Credit Supply Curve – and a Reconciliation between Horizontalists and Structuralists?
Chapter 6 in Complexity, Endogenous Money and Macroeconomic Theory, 2006 View citations (1)
- Thirlwall’s Law and Palley’s Pitfalls: A Reconsideration
Chapter 2 in Growth and Economic Development, 2006 View citations (6)
2005
- Central bank behaviour and the stability of macroeconomic equilibrium: a critical examination of the 'New Consensus'
Chapter 3 in The New Monetary Policy, 2005 View citations (3)
2004
- Central Banking, Stability and Macroeconomic Outcomes: A Comparison of New Consensus and Post-Keynesian Monetary Macroeconomics
Chapter 2 in Central Banking in the Modern World, 2004, pp 35-56
2003
- Globalization, distributional conflict and inflation: the case of the US economy during the 1990s
Chapter 3 in Globalisation, Regionalism and Economic Activity, 2003, pp 60-79
2002
- A Model of Kaldorian Traverse: Cumulative Causation, Structural Change and Evolutionary Hysteresis
Chapter 12 in The Economics of Demand-Led Growth, 2002 View citations (3)
- A Neo-Kaldorian Perspective on the Rise and Decline of the Golden Age
Chapter 5 in The Economics of Demand-Led Growth, 2002 View citations (8)
- Introduction: A Dissenter's View of the Development of Growth Theory and the Importance of Demand-Led Growth
Chapter 1 in The Economics of Demand-Led Growth, 2002 View citations (1)
2001
- John Cornwall: A Brief Appreciation
Palgrave Macmillan
1999
- Introduction
Palgrave Macmillan
- Modelling a Path-Dependent Economy: Lessons from John Cornwall’s Macrodynamics
Palgrave Macmillan
1997
- A Brief History of the British Economy since 1780
Palgrave Macmillan
- A Model of Cumulative Causation
Palgrave Macmillan
- An Alternative Approach — Modelling with Hysteresis
Palgrave Macmillan
- Conclusion
Palgrave Macmillan
- Economic Modelling and the Concept of Equilibrium
Palgrave Macmillan
- Institutional Hysteresis and the Performance of the British Economy after 1914
Palgrave Macmillan
- Technological Interrelatedness and Lock-In in the British Economy, 1870–1930
Palgrave Macmillan
- The Supply Side and Macroeconomic Performance I: Technological Evolution
Palgrave Macmillan
- The Supply Side and Macroeconomic Performance II: Institutional Evolution
Palgrave Macmillan
1994
- Recent developments in growth theory: a post Keynesian view
Chapter 8 in EMPLOYMENT, GROWTH AND FINANCE, 1994, pp 112-127
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