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Review of Keynesian Economics

2012 - 2018

Current editor(s): Louis-Philippe Rochon, Thomas Palley and Matias Vernengo

From Edward Elgar Publishing
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Volume 6, issue 4, 2018

Milton Friedman's presidential address at 50 pp. 419-420 Downloads
Thomas Palley and Matías Vernengo
A theory is a sometime thing pp. 421-424 Downloads
Robert Solow
Friedman and Phelps on the Phillips curve viewed from a half century's perspective pp. 425-436 Downloads
Robert J. Gordon
Why the fuss? Friedman (1968) after 50 years pp. 437-445 Downloads
David Laidler
The role of financial policy pp. 446-460 Downloads
Roger E.A. Farmer
Why is labour market adjustment so slow in Friedman's presidential address? pp. 461-472 Downloads
James Forder
Recovering Keynesian Phillips curve theory: hysteresis of ideas and the natural rate of unemployment pp. 473-492 Downloads
Thomas Palley
A short story of the Phillips curve: from Phillips to Friedman… and back? pp. 493-516 Downloads
Antonella Stirati and Walter Paternesi Meloni
The wrong track also leads someplace: Milton Friedman's presidential address at 50 pp. 517-532 Downloads
Servaas Storm
The relationship between inflation and unemployment: a critique of Friedman and Phelps pp. 533-544 Downloads
Louis-Philippe Rochon and Sergio Rossi
Book review: Giancarlo Bertocco, Crisis and the Failure of Economic Theory: The Responsibility of Economists for the Great Recession (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2017) 250 pp pp. 545-549 Downloads
Esteban Pérez Caldentey
Book review: Aleksander Gervokyan and Otaviano Canuto (eds), Financial Deepening and Post-Crisis Development in Emerging Markets (Palgrave Macmillan, New York, NY, USA 2016) 279 pp pp. 550-553 Downloads
Richard E. Itaman

Volume 6, issue 3, 2018

Is planet Earth as a whole likely to be wage-led? pp. 289–306 Downloads
Arslan Razmi
The impact of economic policy and structural change on gender employment inequality in Latin America, 1990–2010 pp. 307–332 Downloads
Elissa Braunstein and Stephanie Seguino
Growth dilemmas in open middle-income economies: a reflection on Mexico’s recent experience pp. 333-351 Downloads
Julio López G.
Income distribution and the balance of payments: a formal reconstruction of some Argentinian structuralist contributions- Part I: Technical dependency pp. 352-368 Downloads
Ariel Dvoskin and German Feldman
Income distribution and the balance of payments: a formal reconstruction of some Argentinian structuralist contributions - Part II: Financial dependency pp. 369-386 Downloads
Ariel Dvoskin and German Feldman
The financial instability hypothesis and the paradox of debt: a microeconometric approach for Latin America pp. 387-410 Downloads
Alejandro González and Esteban Pérez-Caldentey
Book Review: Piero Ferri, Aggregate Demand, Inequality and Instability (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2016) 192 pp pp. 411-412 Downloads
Jesper Jespersen
Book Review: Edith T. Penrose, The Large International Firm in Developing Countries: The International Petroleum Industry, First Edition (Routledge, Abingdon, UK and New York, NY, USA 1968 [2013]) 311 pp pp. 413-417 Downloads
Alberto D’Ansi Mendoza España

Volume 6, issue 2, 2018

A predator–prey model to explain cycles in credit-led economies pp. 159-179 Downloads
Óscar Dejuán and Daniel Dejuán-Bitriá
Inflation targeting when devaluations are contractionary pp. 180-201 Downloads
Emiliano Libman
A Minskyan critique of the financial constraint approach to financialization pp. 202-220 Downloads
Ilhan Dögüs
The financial crisis in the eurozone: a balance-of-payments crisis with a single currency? pp. 221-239 Downloads
Eladio Febrero, Jorge Uxó and Fernando Bermejo
The nature of the eurocrisis: a reply to Febrero, Uxó and Bermejo pp. 240-251 Downloads
Sergio Cesaratto
A rejoinder to Sergio Cesaratto pp. 252-254 Downloads
Eladio Febrero, Jorge Uxó and Fernando Bermejo
Rebalancing Keynes’s contribution pp. 255-263 Downloads
Bradley Bordiss and Vishnu Padayachee
Comment on ‘Rebalancing Keynes’s contribution’ by Bordiss and Padayachee pp. 264-265 Downloads
Peter Temin and David Vines
John Maynard Keynes: the economist as investor pp. 266-281 Downloads
Carlo Cristiano and Maria Cristina Marcuzzo
Book review: Pasquale Tridico, Inequality in Financial Capitalism (Routledge, London, UK and New York, NY, USA 2017) 236 pp pp. 282-284 Downloads
Riccardo Pariboni
Book review: Jack Reardon (ed.), The Handbook of Pluralist Economics Education (Routledge, Abingdon, UK and New York, NY, USA 2009) 304 pp pp. 285-288 Downloads
J.W. Mason

Volume 6, issue 1, 2018

Rethinking macroeconomic theory before the next crisis pp. 1-21 Downloads
Marc Lavoie
The new macroeconomics has no clothes pp. 22-33 Downloads
Colin Rogers
Have we been here before? Phases of financialization within the twentieth century in the US pp. 34-61 Downloads
Apostolos Fasianos, Diego Guevara and Christos Pierros
The endogenous finance of global-dollar-based financial fragility in the 2000s: a Minskyan approach pp. 62-82 Downloads
Junji Tokunaga and Gerald Epstein
The US dollar and its payments system: architecture and political implications pp. 83-95 Downloads
Adrien Faudot
Financialisation and corporate investments: the Indian case pp. 96-113 Downloads
Sunanda Sen and Zico Dasgupta
The static Sraffian multiplier for the Greek economy: evidence from the Supply and Use Table for the year 2010 pp. 114-147 Downloads
Theodore Mariolis and George Soklis
Book review: Valeria Mosini, Reassessing the Paradigm of Economics: Bringing Positive Economics into the Normative Framework (Routledge, London, UK 2012) 164 pp pp. 148-151 Downloads
João Felippe Cury Marinho Mathias
Book review: Louis-Philippe Rochon and Sergio Rossi (eds), An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis (Edward Elgar, Cheltenham, UK and Northampton, MA, USA 2014) 432 pp pp. 152-156 Downloads
Daniele Tori
Book review: Rickard P.F. Holt (ed.), The Selected Letters of John Kenneth Galbraith (Cambridge University Press, New York, NY, USA 2017) 744 pp pp. 157-158 Downloads
Paul Davidson

Volume 5, issue 4, 2017

Critical thinking within a multi-paradigmatic approach: introduction to the symposium on innovations in heterodox economics education pp. 493–502 Downloads
Geoffrey E. Schneider and Daniel A. Underwood
Teaching the Greek crisis (and more) from the perspectives of competing models pp. 503–518 Downloads
John T. Harvey
The use of dichotomies in introductory economics pp. 519–532 Downloads
Mathieu Dufour and Ian Seda-Irizarry
Enriching undergraduate economics: curricular and pedagogical integration of heterodox approaches from within pp. 533–550 Downloads
Tara Natarajan
Blasphemy in the classroom: in search of microeconomics textbooks for heterodox instructors pp. 551–562 Downloads
Erik Dean and Mitchell R. Green
The road they share: the social conflict element in Marx, Keynes and Kalecki pp. 563–575 Downloads
Pablo Bortz
From Marx to the Keynesian revolution: the key role of finance pp. 576–585 Downloads
Jan Toporowski
Estimating Keynesian models of business fluctuations using Bayesian Maximum Likelihood pp. 586–630 Downloads
Christian Schoder
Debt and investment in the Keen model: a reappraisal of modelling Minsky pp. 631–647 Downloads
Antonin Pottier and Adrien Nguyen-Huu
Book review: Joseph E. Stiglitz, The Euro: How a Common Currency Threatens the Future of Europe (W.W. Norton, New York, NY, USA 2016)416 pp.; and Markus K. Brunnermeier, Harold James and Jean-Pierre Landau, The Euro and the Battle of Ideas (Princeton University Press, Princeton, NJ, USA 2016) 440 pp pp. 648–651 Downloads
Steven Pressman
Book review: Michael Jacobs and Mariana Mazzucato (eds), Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth (Wiley-Blackwell, Oxford, UK 2016) 224 pp pp. 652–655 Downloads
Melanie G. Long

Volume 5, issue 3, 2017

Wage- versus profit-led growth after 25 years: an introduction to the fourth special issue pp. 303-306 Downloads
Mark Setterfield
Wage-led, debt-led growth in an open economy pp. 307-335 Downloads
Esteban Perez Caldentey and Matías Vernengo
Weaknesses of ‘wage-led growth’ pp. 336-359 Downloads
Peter Skott
Wages, prices, and employment in a Keynesian long run pp. 360-425 Downloads
Stephen A. Marglin
Wage- and profit-led regimes under modern finance: an exploration pp. 426-438 Downloads
Amit Bhaduri and Srinivas Raghavendra
Did fiscal consolidation cause the double-dip recession in the euro area? pp. 439-458 Downloads
Philipp Heimberger
Macroeconomic imbalances and the eurozone crisis: the impact of credit expansion on asset prices pp. 459-480 Downloads
Gökçer Özgür and Emel Memis¸
Book review: Carl Chiarella, Peter Flaschel and Willi Semmler, Reconstructing Keynesian Macroeconomics (Volume 1: Partial Perspectives, 2012, 400 pp.; Volume 2: Integrated Approaches, 2013, 512 pp.; Volume 3: Macroeconomic Activity, Banking and Financial Markets, 2015, 390 pp.; Routledge, Abingdon, UK and New York, NY, USA) pp. 481-488 Downloads
Matheus R. Grasselli
Book review: Tarron Khemraj, Money, Banking and the Foreign Exchange Market in Emerging Economies (Edward Elgar, Cheltenham, UK and Northampton, MA, USA 2014) 162 pp pp. 489-492 Downloads
Francisco Martinez-Hernandez

Volume 5, issue 2, 2017

Wage- versus profit-led growth after 25 years: an introduction to the third special issue pp. 143-145 Downloads
Mark Setterfield
Inequality and growth in neo-Kaleckian and Cambridge growth theory pp. 146-169 Downloads
Thomas Palley
Income inequality, the wage share, and economic growth pp. 170-195 Downloads
Amitava Dutt
Longer-run distributive cycles: wavelet decompositions for the US, 1948–2011 pp. 196-217 Downloads
José Barrales and Rudiger von Arnim
The Bhaduri–Marglin post-Kaleckian model in the history of distribution and growth theories: an assessment by means of model closures pp. 218-238 Downloads
Eckhard Hein
Government spending composition, aggregate demand, growth, and distribution pp. 239-258 Downloads
Daniele Tavani and Luca Zamparelli
Wage increases, transfers, and the socially determined income distribution in the USA pp. 259-275 Downloads
Lance Taylor, Armon Rezai, Rishabh Kumar, Nelson Barbosa-Filho and Laura Barbosa de Carvalho
Real-wage versus wage-share targets in an open-economy model of the wage and price dynamics pp. 276-299 Downloads
Søren Harck
Book review: Jean-Luc Bailly, Alvaro Cencini and Sergio Rossi (eds), Quantum Macroeconomics: The Legacy of Bernard Schmitt (Routledge, London, UK and New York, NY, USA 2017) 202 pp pp. 300-301 Downloads
Andrea Carrera

Volume 5, issue 1, 2017

Wage- versus profit-led growth after 25 years: an introduction to the second special issue pp. 1-3 Downloads
Mark Setterfield
Bhaduri–Marglin meet Kaldor–Marx: wages, productivity and investment pp. 4-24 Downloads
Servaas Storm and C.W.M. Naastepad
Wage-led versus profit-led demand: what have we learned? A Kaleckian–Minskyan view pp. 25-42 Downloads
Engelbert Stockhammer
Household borrowing and the possibility of ‘consumption-driven, profit-led growth’ pp. 43-60 Downloads
Mark Setterfield and Yun Kim
Profit-led growth and the stock market pp. 61-77 Downloads
Thomas Michl
Finance and distribution pp. 78-93 Downloads
Ramaa Vasudevan
Pension funding in a Keynesian model of growth pp. 94-106 Downloads
Codrina Rada
The WHO warns of outbreak of virulent new ‘Economic Reality’ virus pp. 107-111 Downloads
Steve Keen
Functional finance and intergenerational distribution in neoclassical and Keynesian OLG models pp. 112-134 Downloads
Peter Skott and Soon Ryoo
Book review: Bob Jessop, Brigitte Young and Christoph Scherrer (eds), Financial Cultures and Crisis Dynamics (Routledge, London, UK and New York, NY, USA 2015) 320 pp pp. 135-138 Downloads
Michael G. Kraft
Book review: David Tuckett, Minding the Markets: An Emotional View of Financial Instability (Palgrave Macmillan, Basingstoke, UK, New York, NY, USA and Melbourne, Australia 2011) 232 pp pp. 139-141 Downloads
Philip Pilkington
Page updated 2018-11-18