European Journal of Economics and Economic Policies: Intervention

2004 - 2022

Current editor(s): Torsten Niechoj

From Edward Elgar Publishing
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Volume 19, issue 1, 2022

Editorial pp. 1

N/a

‘The trading behaviour in financial markets and the impacts on the real economy became the theme of my life’ pp. 2-8

Eckhard Hein and Torsten Niechoj

E pur si muove: Peter Flaschel's contributions to macroeconomic theory and disequilibrium economic modeling pp. 9-15

Christian R. Proaño, Gangolf Groh and Willi Semmler

Editorial to the special issue pp. 16-18

Eckhard Hein, Hansjörg Herr, Valeria Jimenez and Jan Priewe

Growth in the ecological transition: green, zero or de-growth? pp. 19-40

Jan Priewe

The macroeconomic implications of zero growth: a post-Keynesian approach pp. 41-60

Eckhard Hein and Valeria Jimenez

Inequality, non-linear consumption behaviour, and monetary growth imperatives pp. 61-88

Anja Janischewski

Would a zero-growth economy be achievable and be sustainable? pp. 89-102

Giuseppe Fontana and Malcolm Sawyer

The role of labor in a socio-ecological transition: combining post-Keynesian and ecological economics perspectives pp. 103-118

Birte Strunk, Stefan Ederer and Armon Rezai

Buying into inequality: a macroeconomic analysis linking accelerated obsolescence, interpersonal inequality, and potential for degrowth pp. 119-137

Antoine Monserand

Economics of digital decoupling: a pluralistic analysis pp. 138-158

Steffen Lange

Transformation of capitalism to enforce ecologically sustainable GDP growth: lessons from Keynes and Schumpeter pp. 159-173

Hansjörg Herr

Book review: Krugman, P. (2020): Arguing with Zombies, New York, NY, USA (416 pages, W.W. Norton and Company, hardcover, ISBN 978-1-324-00501-8) pp. 174-176

Junaid B. Jahangir

Book review: Marglin, Stephen A. (2021): Raising Keynes: A Twenty-First Century General Theory, Cambridge, MA, USA (896 pages, Harvard University Press, hardcover, ISBN 978-0-674-97102-8) pp. 177-182

Junaid B. Jahangir

Volume 18, issue 3, 2021

‘We need long-term commitments in the form of public investment' pp. 266–274

Marc Lavoie

The methodology for assessing interest-rate policy rules: some comments pp. 275–285

Martin Watts

The methodology for assessing interest-rate policy rules: a reply pp. 286–292

John Smithin

Saving and Investment in the Twenty-First Century: The Great Divergence – some comments from a post-Keynesian perspective pp. 293–302

Eckhard Hein

On capital, saving, and investment in the twenty-first century: a reply to Hein pp. 303–309

Carl Christian von Weizsäcker and Hagen M. Krämer

Central banks and inflation: where do we stand and how did we get here? pp. 310–330

Karl Whelan

The political economy of inflation pp. 331–343

Frances Coppola

Migrant inflows, capital outflows, growth and distribution: should we control capital rather than immigration? pp. 344–363

Emiliano Brancaccio, Andrea Califano and Fabiana De Cristofaro

Does a job guarantee pay off? The fiscal costs of fighting long-term unemployment in Austria pp. 364–378

Simon Theurl and Dennis Tamesberger

The Troika’s conditionalities during the Greek financial crisis of 2010–2014: the Washington Consensus is alive, well, and here to stay pp. 379–403

John Marangos

Book review: Heine, Michael and Hansjörg Herr (2021): The European Central Bank, Newcastle upon Tyne, UK (208 pages, Agenda Publishing, hardcover, ISBN 978-1-78821-294-6; softcover, ISBN 978-1-78821-295-3; ebook, ISBN 978-1-78821-296-0) pp. 404–406

Torsten Niechoj

Book review: Beker, Victor A. (2021): Preventing the Next Financial Crisis, Routledge, Abingdon, UK and New York, NY, USA (172 pages, hardcover, ISBN 978-0-367-48398-2) pp. 407–410

Guillermo J. Escudé

Volume 18, issue 2, 2021

‘It is clear that this kind of deregulated capitalism will not survive in the end’ Interview with Hansjörg Herr pp. 111-118

Eckhard Hein

The twilight of neoliberalism in the USA? pp. 119–144

Trevor Evans

Searching for new fiscal rules in the euro area: a new proposal pp. 145–159

Jan Priewe

Editorial to the special issue pp. 160–162

Jan Behringer, Sebastian Gechert, Hansjörg Herr, Jan Priewe, Heike Joebges and Andrew Watt

The European Central Bank: the time is ripe for a major revision of its strategy pp. 163–176

Peter Bofinger

The COVID-19 crisis and counter-cyclical policies in Brazil pp. 177–197

Luiz Fernando de Paula

The COVID-19 crisis and counter-cyclical policies in Brazil pp. 198–206

Daniele Tavani

Can trade help with fighting the pandemic? Evidence from imports of Chinese medical products pp. 207–222

Bo Xu Laike Yang

US employment inequality in the Great Recession and the COVID-19 pandemic pp. 223–239

Steven Fazzari

Post-COVID-19 Asia will grow strongly in 2021 but structural problems continue to pile up pp. 240–258

Alicia Garcia Herrero

Book review: Cesaratto, Sergio (2020): Heterodox Challenges in Economics: Theoretical Issues and the Crisis of the Eurozone, Cham, Switzerland (277 pages, Springer, softcover, ISBN 978-3-030-54447-8; also available as an ebook) pp. 259–262

Marc Lavoie

Book review: Joo, Sangyong, Kangkoo Lee, Won Jun Nah, Su Min Jeon and Dong-Hee Joe (2020): The Income-Led Growth in Korea: Status, Prospects and Lessons for Other Countries, Sejong, South Korea (223 pages, Korea Institute for International Economic Policy, softcover ISBN 978-89-322-1764-2) pp. 263–264

Marc Lavoie

Volume 18, issue 1, 2021

Interview with Jerzy Osiatyński: Linking economics with economic policy-making pp. 1-10

Grzegorz Konat

‘Manna from heaven’: does the presence of central banks make technical analysis profitable? pp. 11-28

Smita Roy Trivedi

Technological progress, non-price factors competitiveness, and changes in trade income elasticities: empirical evidence from South Korea and Hong Kong pp. 29-54

Marco Flávio Cunha Resende, Vitor Leone, Daniela Almeida Raposo Torres and Simeon Coleman

Do fiscal rules decrease public investment? Evidence from European panel data pp. 55-76

Sebastiaan Wijsman and Christophe Crombez

Public expenditure and growth: the Indian case pp. 77-101

A. Bhatt Hakhu and Claudio Sardoni

Book review: Mazier, Jacques (2020): Global Imbalances and Financial Capitalism: Stock-Flow-Consistent Modelling, London, UK and New York, NY, USA (318 pages, Routledge, hardcover, ISBN 978-1-138-34558-4; also available as ebook) pp. 102-105

Marc Lavoie

Book review: Furtado, Celso (2020): The Myth of Economic Development, Medford, MA, USA and Cambridge, UK (111 pages, Polity Press, hardcover, ISBN 978-1-5095-4013-6; softcover, ISBN 978-1-5095-4014-3; ebook, ISBN 978-1-5095-4015-0) pp. 106-109

Santiago Graña Colella and Mariana Pellegrini

List of reviewers pp. 110

N/a

Volume 17, issue 3, 2020

Editorial pp. 277

The Editors

‘I have never held models as depictions of anything real; they are just tools for understanding some aspects of the real world’: Interview with Amitava K. Dutt pp. 278-285

Eckhard Hein and Marc Lavoie

A note on Heterodox Macroeconomics by Blecker and Setterfield pp. 286–294

Emiliano Libman

On multi-sector and multi-technique models, production functions and Goodwin cycles: a reply to Libman pp. 295-306

Robert Blecker and Mark Setterfield

Editorial to the special issue pp. 307-312

Mark Setterfield

The economics of Basil Moore: slow progress toward horizontalism pp. 313-324

Louis-Philippe Rochon

The long road to accommodative central banking: the US case pp. 325-338

Jane Knodell

Monetary economics after the global financial crisis: what has happened to the endogenous money theory? pp. 339-355

Giuseppe Fontana, Riccardo Realfonzo and Marco Veronese Passarella

Endogenous money in an era of financialization pp. 356-366

Malcolm Sawyer

Endogenous money, liquidity and monetary reform pp. 367-380

Sheila Dow

Interest rates, income distribution and the monetary policy transmissions mechanism under endogenous money: what have we learned 30 years on from Horizontalists and Verticalists? pp. 381-398

John Smithin

Economics Group, UTS Business School, University of Technology Sydney, Australia pp. 399-412

Peter Docherty

Book review: Šaski, K. (2019): Lectures in Macroeconomics: A Capitalist Economy Without Unemployment, Jerzy Osiatyński and Jan Toporowski (eds), Oxford, UK and New York, NY, USA (192 pages, Oxford University Press, ISBN 978-0-19-884211-8) pp. 413-417

Eckhard Hein

Volume 17, issue 2, 2020

Why 3 and 60 per cent? The rationale of the reference values for fiscal deficits and debt in the European Economic and Monetary Union pp. 111-126

Jan Priewe

Editorial to the special issue pp. 127-128

Jan Behringer, Sebastian Gechert, Jan Priewe, Torsten Niechoj and Andrew Watt

Recovering from Maastricht pp. 129-138

Agnès Bénassy-Quéré

Stuck on the wrong track: 20 years of euro disillusion, denial, and delusion pp. 139-155

Jörg Bibow

Fiscal policies in a monetary union: the eurozone case pp. 156-170

Gennaro Zezza

The ECB's policy under the presidency of Mario Draghi: a curse or a blessing for Europe? pp. 171-182

Peter Bofinger

Fiscal and financial conditions for a stronger euro area pp. 183-193

Vítor Constâncio

Editorial to the special issue pp. 194-195

Torsten Niechoj and Marc Lavoie

The Cambridge–Cambridge controversy on the theory of capital: 50 years after pp. 196-207

Harald Hagemann

Böhm-Bawerk and Hicks modernized pp. 208-219

Carl Christian von Weizsäcker

What remains of the Cambridge critique of capital theory, if reswitching and reverse capital deepening are empirically rare and theoretically unlikely? pp. 220-240

Bertram Schefold

The theory of value and distribution and the problem of capital pp. 241-264

Heinz Kurz

On the empirical regularities of Sraffa prices pp. 265-275

Anwar Shaikh, José Alejandro Coronado and Luiza Nassif-Pires

Volume 17, issue 1, 2020

‘If you are convinced that post-Keynesian economics is a good way of thinking, get on with it’: Interview with Victoria Chick pp. 1-8

Marc Lavoie

Heterodox economics as seen by Geoffrey Hodgson: an assessment pp. 9-18

Marc Lavoie

Is there scientific progress in macroeconomics? The case of the NAIRU pp. 19-38

Dany Lang, Mark Setterfield and Ibrahim Shikaki

What do the value-at-risk measure and the respective legislative framework really offer to financial stability? Critical views and pro-cyclicality pp. 39-60

Evangelos Vasileiou and Themistoclis Pantos

An attempt at a reconciliation of the Sraffian and Kaleckian views on desired utilization pp. 61-77

Reiner Franke

Inflation targeting, disinflation, and debt traps in Argentina pp. 78-105

Emiliano Libman and Gabriel Palazzo

Book review: Brancaccio, E. and Califano, A. (2018): Anti-Blanchard Macroeconomics, Cheltenham, UK and Northampton, MA, USA (158 pages, Edward Elgar Publishing, hardcover, also available as paperback and ebook, ISBN 978-1-78811-899-6) pp. 106-109

Torsten Niechoj