European Journal of Economics and Economic Policies: Intervention

2004 - 2025

Current editor(s): Torsten Niechoj

From Edward Elgar Publishing
Bibliographic data for series maintained by Phillip Thompson ().

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Volume 22, issue 1, 2025

‘Central banks, whether they like it or not, affect the distribution of income’ pp. 1-8

Eckhard Hein and Marc Lavoie

Bank credit, expected inflation rate, and financial dynamics pp. 9-31

Toshio Watanabe

Banks are different: why bank-based versus market-based lending is a false dichotomy pp. 32-53

Carolyn Sissoko

The COVID-19 pandemic – variegated crisis reactions in Germany, India, South Africa and Brazil pp. 54-56

Hansjörg Herr and Christina Teipen

Macroeconomic policy and policy spaces during the COVID-19 pandemic – case studies from Germany, Brazil and India pp. 57-72

Bruno De Conti, Hansjörg Herr, Praveen Jha and Zeynep Nettekoven

Dynamics in the automotive industry in Germany, Brazil and India – changes triggered by the COVID-19 pandemic pp. 73-88

Christina Teipen, Praveen Jha and Bruno De Conti

South Africa’s economic response to the Covid-19 crisis: a post-pandemic shift or more of the same? pp. 89-102

Sam Ashman and Ben Scully

Agility and the transition from uncertainty to recovery: the Indian IT industry and COVID-19 pp. 103-117

Premilla D’Cruz and Ernesto Noronha

The impact of the COVID-19 pandemic on industrial policy in Germany and the European Union – the case of the automotive industry pp. 118-134

Helena Gräf and Salome Topuria

Variegated Capitalism as an approach for understanding globalisation in the wake of COVID-19 pp. 135-149

Lukas Handley and Anne Martin

Book review of Earl, Peter E.: Beyond Misbehaving: Changing Universities, Pluralism, and the Evolution of a Heterodox Behavioral Economist pp. 150-135

Marc Lavoie

Book review of Beker, V.A.: Economic Theory for the Real World pp. 154-157

Junaid Jahangir

Volume 21, issue 3, 2024

‘Profit margins are determined by the need for companies to generate enough internal finance to pay for their investment’ pp. 363-369

Eckhard Hein and Marc Lavoie

Testing the Bhaduri–Marglin model for the demand regime of Greece pp. 370-395

Emilia G. Marsellou

Inflated inequality or unequal inflation? A case for sustained ‘two-sided’ austerity in Greece pp. 396-415

Vlassis Missos, Peter Blunt, Charalampos Domenikos and Nikolaos Pontis

A post-Kaleckian econometric analysis of interest rates, income distribution, capacity utilization, accumulation and profit rates: the case of Italy pp. 416-439

Ozan Ekin Kurt

Balance-sheet restructuring in Italy: an empirical analysis based on monetary circuit theory pp. 440-460

Marcello Spanò

It is not la vie en rose: new insights from Graziani’s theory of the monetary circuit pp. 461-485

Marco Veronese Passarella

The reflux phase in monetary circuit theory and stock–flow consistent models pp. 486-501

Edouard Cottin-Euziol, Hassan Bougrine and Louis-Philippe Rochon

Book Review of Krämer, Hagen M., Proaño, Christian R. and Setterfield, Mark: Capitalism, Inclusive Growth, and Social Protection. Inherent Contradiction or Achievable Vision? pp. 502-504

Till van Treeck

Volume 21, issue 2, 2024

Inflation, distributional conflict and just transition pp. 199-201

Tom Bauermann, Jan Behringer, Sebastian Gechert, Torsten Niechoj, Ozlem Onaran and Andrew Watt

Inflation is always and everywhere … a conflict phenomenon: post-Keynesian inflation theory and energy price driven conflict inflation, distribution, demand and employment pp. 202-231

Eckhard Hein

Questioning profit inflation as an explanation of the post-pandemic inflation pp. 232-247

Marc Lavoie

The art of paradigm maintenance: how the New Keynesian ‘Science of Monetary Policy’ tries to deal with the inflation of 2021–2023 pp. 248-278

Marc Lavoie

Inflation and income distribution in Brazil from a Kaleckian perspective pp. 279-308

Lilian Rolim

Profits and markups during the post-COVID-19 inflation shock in the U.S. economy: a firm-level lens pp. 309-330

Leila Davis

A climate-fiscal policy mix to achieve Türkiye’s net-zero ambition under feasibility constraints pp. 331-359

Christian Schoder and Remzi Baris Tercioglu

Book review of Acemoglu, Daron and Johnson, Simon: Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity pp. 360-362

Junaid Jahangir

Volume 21, issue 1, 2024

‘Understanding socialism from the outside and from the inside’ – Interview with Alberto Chilosi pp. 1-13

Emilio Carnevali and André Pedersen Ystehede

Frontiers in Growth Regimes Research II: Country Cases pp. 14-16

Ümit Akçay, Eckhard Hein, Benjamin Jungmann and Ryan Woodgate

Demand and growth regimes of the BRICs countries – the national income and financial accounting decomposition approach and an autonomous demand-led growth perspective pp. 17-41

Juan Campana, João Emboava Vaz, Eckhard Hein and Benjamin Jungmann

A supermultiplier demand-led growth accounting analysis applied to the Spanish economy (1998–2019) pp. 42-72

Héctor Labat-Moles and Ricardo Summa

From export boom to private debt bubble: a macroeconomic policy regime assessment of Canada’s shifting growth regime pp. 73-89

Theodore Klassen

Macroeconomic policy regimes and demand and growth regimes in emerging market economies: the case of Argentina pp. 90-112

Juan Martín Ianni

In search of a growth model for Italy: the failed attempt of an export-led recovery strategy? pp. 113-132

Alessandro Bramucci

Growth regimes of populist governments: a comparative study on Hungary and Poland pp. 133-150

Julia Kühnast

Growth models, growth strategies, and power blocs in Turkey and Egypt in the twenty-first century pp. 151-171

Ali Rıza Güngen and Ümit Akçay

Book review of Hein, Eckhard: Macroeconomics After Kalecki and Keynes: Post-Keynesian Foundations pp. 194-198

Pablo Bortz

Volume 20, issue 3, 2023

‘I see my research and my teaching as trying to understand the world in which we live, to paraphrase Keynes’ — Interview with Steven Fazzari pp. 399-405

Eckhard Hein and Gennaro Zezza

Editorial to the special issue: Frontiers in Growth Regimes Research I: Theoretical Perspectives and Conceptual Issues pp. 406-409

Ümit Akçay, Eckhard Hein, Benjamin Jungmann and Ryan Woodgate

Varieties of demand and growth regimes – post-Keynesian foundations pp. 410-443

Eckhard Hein

Nothing new under the sun: the so-called ‘growth model perspective’ pp. 444-460

Bruno Amable

House price cycles, housing systems, and growth models pp. 461-490

Karsten Kohler, Benjamin Tippet and Engelbert Stockhammer

FDI-led growth models: Sraffian supermultiplier models of export platforms and tax havens pp. 491-514

Ryan Woodgate

Dependency revisited: commodities, commodity-related capital flows and growth models in emerging economies pp. 515-538

Michael Schedelik, Andreas Nölke, Christian May and Alexandre Gomes

Growth regimes, dominant social blocs and growth strategies: towards varieties of export-led growth regimes and strategies in Turkey and Poland pp. 539-560

Ümit Akçay and Benjamin Jungmann

Book review: Jin, Keyu (2023): The New China Playbook, New York (368 pages, Viking, hardcover, ISBN-13: ‎978-1984878281) pp. 565-567

Junaid Jahangir

Volume 20, issue 2, 2023

The impact of income inequality on household indebtedness in euro area countries pp. 151-182

Stefan Jestl

The neo-Goodwinian model reconsidered pp. 183-246

Michael Cauvel

Editorial to the special issue pp. 247-249

Jan Behringer, Yannis Dafermos, Eckhard Hein, Heike Joebges, Annina Kaltenbrunner, Engelbert Stockhammer and Andrew Watt

How important is the real exchange rate for exports and growth? pp. 250-265

Robert Blecker

New directions in Latin American Structuralism: a three-gap model of sustainable development pp. 266-281

Gabriel Porcile, José Eduardo Alatorre, Martín Cherkasky, Camila Gramkow and João Prates Romero

Frontier-market economies as a new group of the financial periphery: patterns and transmission channels of global shocks pp. 282-298

Daniela Prates, Barbara Fritz and Luiz Fernando de Paula

Post-Keynesian growth theory and the supply side: a feminist approach pp. 299-316

Mark Setterfield

Synthesizing feminist and post-Keynesian/Kaleckian economics for a purple–green–red transition pp. 317-337

Ozlem Onaran and Cem Oyvat

Fiscal policy: post- or New Keynesian? pp. 338-355

Sebastian Gechert

Fiscal and monetary policy for difficult times: MMT solutions pp. 356-368

Joëlle Leclaire

Macroeconomic policy at the end of the age of abundance pp. 369-387

Jo Michell

Book review: Saith, Ashwani (2022): Cambridge Economics in the Post-Keynesian Era: The Eclipse of Heterodox Traditions, Cham, Switzerland (1188 pages, Palgrave Macmillan, hardback in two volumes, also available as ebook, ISBN 978-3-030-93018-9) pp. 388-395

Marc Lavoie

Book review: Teipen, Christina, Dünhaupt, Petra, Herr, Hansjörg and Mehl, Fabian (2022): Economic and Social Upgrading in Global Value Chains. Comparative Analyses, Macroeconomic Effects, the Role of Institutions and Strategies for the Global South, Cham, Switzerland (600 pages, Palgrave Macmillan, hardcover 978-3-030-87319-6, softcover 978-3-030-87322-6, ebook 978-3-030-87320-2) pp. 396-397

Torsten Niechoj

Volume 20, issue 1, 2023

‘I think it is important to speak multiple languages theoretically in order to communicate to different types of people’ pp. 2-7

Elissa Braunstein

Editorial to the Symposium: Modern Monetary Theory and its critics pp. 8-10

Marc Lavoie

Modern money theory on fiscal and monetary policies: empirics, theory, and praxis pp. 11-22

Eric Tymoigne

The modern monetary theory literature seems to have escaped Drumetz/Pfister pp. 23-33

William F. Mitchell

Modern money theory: some basics in response to Drumetz/Pfister pp. 34-42

Joëlle Leclaire

The contribution of MMT to modern macroeconomics pp. 43-55

Martin Watts and James Juniper

What modern monetary theory is, and what it is not pp. 56-66

Emilio Carnevali and Giuseppe Fontana

Some Kaleckian remarks on modern monetary theory in light of a paper by Drumetz/Pfister pp. 67-77

Malcolm Sawyer

It takes two to tango: a reply to our MMT critics* pp. 78-89

Françoise Drumetz and Christian Pfister

The trade-off between inflation and unemployment in an ‘MMT world’: an open-economy perspective pp. 90-124

Emilio Carnevali and Matteo Deleidi

The European core–periphery divide: towards a new narrative pp. 125-147

Sara Casagrande and Bruno Dallago

Book review: Cuyvers, Ludo (2022): Neo-Marxism and Post-Keynesian Economics: From Kalecki to Sraffa and Joan Robinson, Milton Park (247 pages, Routledge, hardcover, ISBN 978-1-032-25480-7) pp. 148-150

Marc Lavoie