European Journal of Economics and Economic Policies: Intervention

2004 - 2025

Current editor(s): Torsten Niechoj

From Edward Elgar Publishing
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Volume 13, issue 3, 2016

Interview with Thomas I. Palley: ‘We need to confront more forcefully the neoclassical position and show the absolute impossibility of the world it describes!’ pp. 255-264

Eckhard Hein and Marc Lavoie

Obituary: Kazimierz Laski (1921–2015) pp. 265-274

Martin Riese

The debate over ‘Thirlwall's law’: balance-of-payments-constrained growth reconsidered pp. 275-290

Robert Blecker

Editorial to the special issue pp. 291

Eckhard Hein

Financialisation and financial crisis in Iceland pp. 292-322

Björn Rúnar Guðmundsson

Could the Icelandic banking collapse of 2008 have been prevented? The role of economists prior to the crisis pp. 323-338

John McCombie and Marta Spreafico

Firms’ excess savings and the Dutch current-account surplus: a stock-flow consistent approach pp. 339-353

Huub Meijers, Joan Muysken and Olaf Sleijpen

Changes in the profile of inequality across Europe since 2005: austerity and redistribution pp. 354-374

Markus Schneider, Stephen Kinsella and Antoine Godin

Book review: Toporowski, Jan and Lukasz Mamica (eds) (2015): Michal Kalecki in the 21st Century, Basingstoke, UK (267 pages, hardcover, Palgrave Macmillan, ISBN 978-1-137-42827-1) pp. 375-377

Eckhard Hein

Book review: Dimand, Robert W. (2014): James Tobin, Basingstoke, UK (197 pages, hardcover, Palgrave Macmillan, ISBN 978-14039-8555-2) pp. 378-380

Thomas Palley

Volume 13, issue 2, 2016

Editorial: The spectre of stagnation? Europe in the world economy pp. 145-146

Sebastian Gechert, Torsten Niechoj, Jan Priewe and Andrew Watt

Theories of stagnation in historical perspective pp. 147-159

Roger Backhouse and Mauro Boianovsky

Secular stagnation or stagnation policy? A post-Steindlian view

Eckhard Hein

Aggregate demand, functional finance, and secular stagnation pp. 172-188

Peter Skott

Did Japan's high-growth success foster persistent stagnation? pp. 189-202

W.R. Garside

The US economy since the crisis: slow recovery and secular stagnation pp. 203-214

Robert Blecker

Policies to overcome stagnation: the crisis, and the possible futures, of all things euro pp. 215-228

Mark Blyth

Secular stagnation and progressive economic policy alternatives pp. 229-240

Ozlem Onaran

Monetary financing of public investment: a viable way forward for the euro area? pp. 241-254

Andrew Watt

Volume 13, issue 1, 2016

Interview with Edward J. Nell: ‘A great deal of neoclassical theory is set in cloud-cuckoo-land’ pp. 1-9

Louis-Philippe Rochon

International monetary policy with commodity buffer stocks pp. 10-25

Leanne Ussher

Editorial to the special forum: Making the euro area work: proposals for monetary and fiscal reform pp. 26-27

Stefan Ederer and Torsten Niechoj

Can the Report of the ‘Five Presidents’ save the euro? pp. 28-38

Philip Arestis

A T-shirt model of savings, debt, and private spending: lessons for the euro area pp. 39-56

Andrea Terzi

Reviving fiscal policy in Europe: towards an implementation of the golden rule of public investment pp. 57-71

Achim Truger

Making the euro viable: the Euro Treasury Plan pp. 72-86

Jörg Bibow

The blind spots of trade impact assessment: macroeconomic adjustment costs and the social costs of regulatory change pp. 87-102

Werner Raza, Bernhard Tröster and Rudiger von Arnim

On the long-run equilibrium value of Tobin’s average Q pp. 103-113

Reiner Franke and Boyan Yanovski

Drivers of wealth inequality in euro area countries: the effect of inheritance and gifts on household gross and net wealth distribution analysed by applying the Shapley value approach to decomposition pp. 114-136

Sebastian Leitner

Book Review: Atkinson, Anthony B. (2015): Inequality: What Can Be Done? Cambridge, MA, USA and London, UK (384 pages, hardcover, Harvard University Press, ISBN 978-0-674-50476-9) pp. 137-139

Michael Nagel and Achim Truger

Koo, R.C. (2015): The Escape from Balance Sheet Recession and the QE Trap: A Hazardous Road for the World Economy, Singapore (320 pages, hardcover, Wiley, ISBN 978-1-119-02812-3) pp. 140-143

Marc Lavoie

Volume 12, issue 3, 2015

Editorial pp. 249—249

The Managing Editors

Interview with Lance Taylor: ‘Wage repression and secular stagnation are rather close in kind’ pp. 250—254

Marc Lavoie

Currency regime crises, real wages, functional income distribution and production pp. 255-276

Emiliano Brancaccio and Nadia Garbellini

Quantity-of-money fluctuations and economic instability: empirical evidence for the USA (1958–2006) pp. 277—299

Panayotis Michaelides, John Milios, Konstantinos Konstantakis and Panayiotis Tarnaras

Will ‘structural reforms’ of labour markets reduce productivity growth? A firm-level investigation pp. 300—317

Robert Vergeer, Steven Dhondt, Alfred Kleinknecht and Karolus Kraan

Macroeconomic policy regimes in emerging markets: the case of Latvia pp. 318—352

Milka Kazandziska

Book review: Y. Varoufakis, The Global Minotaur: America, the True Origins of the Financial Crisis and the Future of the World Economy, 1st Edition (, London, UK and New York, USA 2011) 196 pages pp. 353—356

Laura Barbosa de Carvalho

Book review: J.E. King, Advanced Introduction to Post Keynesian Economics (, Cheltenham, UK and Northampton, MA, USA 2015) 139 pages R.G. Holcombe, Advanced Introduction to the Austrian School of Economics (, Cheltenham, UK and Northampton, MA, USA 2014) 126 pages pp. 357—360

Torsten Niechoj

Volume 12, issue 2, 2015

Editorial pp. 143-146

Sebastian Gechert, Achim Truger, Till van Treeck and Andrew Watt

Inequality and the duration of growth pp. 147-157

Jonathan Ostry

Inequality, the crisis, and stagnation pp. 158-169

Till van Treeck

Rising inequality and stagnation in the US economy pp. 170-182

Barry Cynamon and Steven Fazzari

Bringing inequality back in pp. 183-189

Heather Boushey

Individual earnings and household incomes: mutually reinforcing inequalities? pp. 190-203

Wiemer Salverda

Property and power: lessons from Piketty and new insights from the HFCS pp. 204-219

Miriam Rehm and Matthias Schnetzer

Teaching monetary theory and monetary policy implementation after the crisis pp. 220-228

Marc Lavoie

Why economics textbooks should, but don't, and won't, change pp. 229-235

David Colander

New macroeconomics teaching for a new era: instability, inequality, and environment pp. 236-242

Jonathan Harris

Book review: M. Lavoie, Post-Keynesian Economics: New Foundations (, Cheltenham, UK and Northampton, MA, USA 2014) 680 pages pp. 243-248

John McCombie

Volume 12, issue 1, 2015

Interview with John McCombie: ‘I think there's absolutely no way out for them: an aggregate production function does not make any sense at all!’ pp. 1-6

Eckhard Hein and Marc Lavoie

An examination of Professor Shaikh's proposal to tame Harrodian instability pp. 7-19

Reiner Franke

The ‘other half’ of the public debt–economic growth relationship: a note on Reinhart and Rogoff pp. 20-28

Yannis Dafermos

Special issue: Post-Keynesian stock-flow consistent modelling: Editorial to the special issue pp. 29-31

Antoine Godin

The deposit financing gap: another Dutch disease pp. 32-50

Huub Meijers, Joan Muysken and Olaf Sleijpen

Bad banks choking good banks: simulating balance sheet contagion pp. 51-72

Saed Khalil

Financialisation and the sub-prime crisis: a stock-flow consistent model pp. 73-92

Eugenio Caverzasi and Antoine Godin

A multi-speed Europe: is it viable? A stock-flow consistent approach pp. 93-112

Jacques Mazier and Sebastian Valdecantos

Comparative numerical analysis of two stock-flow consistent post-Keynesian growth models pp. 113-134

Biagio Ciuffo and Eckehard Rosenbaum

Book review: Wendy Carlin and David Soskice, Macroeconomics: Institutions, Instability, and the Financial System (, Oxford, UK 2015) 638 pages pp. 135-142

Marc Lavoie