FMM Working Paper

From IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute
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225-2025: Family firms and their role in the fall of the labor share and the rise of corporate saving in Germany

Jan Behringer, Till van Treeck and Vincent Victor

114-2025: A benchmark Ecological Stock-Flow-Consistent Input-Output model for Denmark

Simon Fløj Thomsen, Hamid Raza and Mikael Randrup Byrialsen

113-2025: UK Markups and Profit Margins during the pandemic and its aftermath

Alexander Guschanski and Ozlem Onaran

112-2024: On the possibility of an ever-increasing wealth concentration: Pasinetti, dual, and anti-dual equilibria in a Post-Keynesian framework

Stefan Ederer and Miriam Rehm

111-2024: Monopoly, inequality, and the economy

Robert Blecker

110-2024: Cost-push and conflict inflation: the case of France between 2021 and 2023

Dimitri Goldztejn

109-2024: Fiscal consolidation and its growth effects in euro area countries: Past, present and future outlook

Philipp Heimberger

108-2024: Varieties of capitalism and societal happiness: theory and empirics

Thomas Palley

107-2024: Profits too high? Assessing inflation in the eurozone using wage and price rules for profit and unit labor costs based on national accounts data

Heike Joebges and Camille Logeay

106-2024: Poor Households and the Weight of Inflation

Jan Schulz and Leonhard Ipsen

105-2024: Paul Davidson (1930-2024) and the founding of Post-Keynesian economics

James K. Galbraith, Thomas Palley and Matias Venengo

104-2024: Redistributing central bank profits & losses across the Eurosystem: the Eurosystem's monetary income

Sergio Cesaratto, Eladio Febrero and George Pantelopulos

103-2024: Kaldorian cumulative causation in the Euro area: an empirical assessment of divergent export competitiveness

Sascha Keil and Walter Paternesi Meloni

102-2024: De-dollarization: the global payment infrastructure and wholesale central bank digital currencies

Joerg Mayer

101-2024: Rethinking conflict inflation: the hybrid Keynesian - NAIRU character of the conflict Phillips curve

Thomas Palley

100-2024: Towards a theory of ecologically unequal exchange (EUE) as a multi-tiered hierarchy

Luca Tausch and Jeffrey Althouse

99-2024: Supermultiplier Models, Demand Stagnation, and Monetary Policy: Inevitable March to the Lower Bound for Interest Rates?

Steven Fazzari

98-2024: Managing the Discontent of the Losers Redux: A Future of Authoritarian Neoliberalism or Social Capitalism?

Mark Setterfield

97-2024: News and Views on Public Finances: A Survey Experiment

Jan Behringer, Lena Draeger, Sebastian Dullien and Sebastian Gechert

96-2024: Cost-push and conflict inflation in theory and practice - with a discussion of the Italian case

Davide Romaniello and Antonella Stirati

95-2024: Conventional Wisdom, Meta-Analysis, and Research Revision in Economics

Sebastian Gechert, Bianka Mey, Matej Opatrny, Tomas Havranek, T. Stanley, Pedro R.D. Bom, Chris Doucouliagos, Philipp Heimberger, Zuzana Irsova and Heiko J. Rachinger

94-2023: Was Keynes a Liberal or a Socialist?

Matías Vernengo

93-2023: The theory of monetary disorder: debt finance, existing assets, and the consequences of prolonged monetized budget deficits and ultra-easy monetary policy

Thomas Palley

92-2023: Broadening the application of hysteresis in economics: institutions, policy lock-in, psychology, identity, and ideas

Thomas Palley

91-2023: Monetary policy rules and the inequality-augmented Phillips curve

Lilian Rolim, Laura Carvalho and Dany Lang

90-2023: Income inequality, household consumption and status competition in Germany

Jan Behringer, Lukas Endres and Till van Treeck

89-2023: How large are hysteresis effects? Estimates from a Keynesian growth model

Steven Fazzari and Alejandro González

88-2023: Keynes' denial of conflict: why The General Theory is a misleading guide to capitalism and stagnation

Thomas Palley

87-2023: Central bank balance sheets under foreign exchange accumulation: insights from endogenous money theory and monetary policy implementation

Simona Bozhinovska

86-2023: Achieving two policy targets with one policy instrument: heterogeneous expectations, countercyclical fiscal policy, and macroeconomic stabilization at the effective lower bound

Gilberto Lima, Mark Setterfield and Jaylson Silveira

85-2022: Schumpeter in practice: The role of credit for industrial policy in China

Lisa Geissendoerfer and Thomas Haas

84-2022: The effects of fiscal rules on public investment over the cycle

Ekaterina Juergens

83-2022: Classical and Keynesian models of inequality and stagnation

Cordina Rada, Daniele Tavani, Rudiger von Arnim and Luca Zamparelli

82-2022: Inflation and distribution during the post-COVID recovery

Mark Setterfield

81-2022: The false promise and bitter fruit of Neoliberalism

Thomas Palley

80-2022: Exporting differently?

Riccardo Pariboni and Walter Paternesi Meloni

79-2022: QMDE: A Quarterly Empirical Model for the Danish Economy

Mikael Randrup Byrialsen, Hamid Raza and Sebastian Valdecantos

78-2022: An Evaluation of neo-Kaleckian supermultiplier and neo-Goodwinian models

Brett Fiebinger

77-2022: Varieties of the rat race

Jan Behringer, Martin Gonzalez Granda and Till van Treeck

76-2022: Theorizing varieties of capitalism: economics and the fallacy that "There is no alternative (TINA)"

Thomas Palley

75-2022: Structural change in the US Phillips curve, 1948-2021: the role of power and institutions

Mark Setterfield and Robert Blecker

74-2021: Do higher public debt levels reduce economic growth?

Philipp Heimberger

73-2021: The economics of climate change - green growth, zero- or de-growth?

Jan Priewe

72-2021: The network origins of aggregate Fluctuations: A demand-side approach

Emanuele Citera, Shyam Gouri Suresh and Mark Setterfield

71-2021: Classical political economy and secular stagnation

Manuel Cruz Luzuriaga and Daniele Tavani

70-2021: The Effect of borrower-specific Loan-to-Value policies on household debt, wealth inequality and consumption volatility

Ruben Tarne, Dirk Bezemer and Thomas Theobald

69-2021: Effects of fiscal consolidation on income inequality

Dante Cardoso and Laura Barbosa de Carvalho

68-2021: Bargaining power, structural change, and the falling U.S. labor share

Michael Cauvel and Aaron Pacitti

67-2021: The post-Keynesian "crowding-in" policy meme: Government-Led Semi-Autonomous Demand growth

Brett Fiebinger

66-2021: Aggregate Demand Externalities, Income Distribution, and Wealth Inequality

Luke Petach and Daniele Tavani