FMM Working Paper

From IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute
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65-2021: Do corporate tax cuts boost economic growth?

Sebastian Gechert and Philipp Heimberger

64-2021: Whatever happened to the 'Goodwin pattern'?

Mark Setterfield

63-2021: How can green differentiated capital requirements affect climate risks?

Yannis Dafermos and Maria Nikolaidi

62-2021: Pandemics and Aggregate Demand: a Framework for Policy Analysis

Peter Flaschel, Giorgos Galanis, Daniele Tavani and Roberto Veneziani

61-2021: Rethinking capacity utilization choice: the role of surrogate inventory and entry deterrence

Thomas Palley

60-2020: Bet against the trend and cash in profits

Raquel Almeida Ramos, Federico Bassi and Dany Lang

59-2020: Political Aspects of ´Buffer Stock`Employment: A Reconsideration

Peter Kriesler, Joseph Halevi and Mark Setterfield

58-2020: Periodic business and exchange rate cycles: evidence from 7 emerging markets

Karsten Kohler and Engelbert Stockhammer

57-2020: Differential Rates of Return and Racial Wealth Inequality

Luke Petach and Daniele Tavani

56-2020: Is capacity utilization variable in the long run? An agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization

Federico Bassi, Tom Bauermann, Dany Lang and Mark Setterfield

55-2020: Stability issues in Kaleckian models driven by autonomous demand growth - Harrodian instability and debt dynamics

Eckhard Hein and Ryan Woodgate

54-2020: Systems estimation of a structural model of distribution and demand in the US economy

Robert Blecker, Michael Cauvel and Yk Kim

53-2020: Factor shares and the rise in corporate net lending

Jan Behringer

52-2019: Fiscal policy and ecological sustainability

Yannis Dafermos and Maria Nikolaidi

51-2019: Death to the Cobb-Douglas Production Function

Sebastian Gechert, Tomas Havranek, Zuzana Irsova and Dominika Kolcunová

50-2019: The effects of gender inequality, wages, wealth concentration and fiscal policy on macroeconomic performance

Ozlem Onaran, Cem Oyvat and Eurydice Fotopoulou

49-2019: Central Bank Independence

Thomas Palley

48-2019: Zur US Dollar Hegemonie: Ein Blick zurück - und in die Zukunft

Jörg Bibow

47-2019: The Neo-Goodwinian model, reconsidered

Michael Cauvel

46-2019: Harrodian instability in Kaleckian models and Steindlian solutions

Eckhard Hein

45-2019: Reconsidering the natural rate hypothesis

Robert Calvert Jump and Engelbert Stockhammer

44-2019: What's Wrong With Modern Money Theory (MMT): A Critical Primer

Thomas Palley

43-2019: The Corporate Sector and the Current Account

Jan Behringer and Till van Treeck

42-2019: Inequality and Stagnation by Policy Design

Thomas Palley

41-2019: Welfare models and demand-led growth regimes before and after the financial and economic crisis

Eckhard Hein, Walter Paternesi Meloni and Pasquale Tridico

40-2018: Peripheral Europe beyond the Troika. Assessing the 'success' of structural reforms in driving the Spanish recovery

Luis Cardenas del Rey, Paloma Villanueva, Ignacio Alvarez and Jorge Uxó

39-2018: Structual change in times of increasing openness

Claudius Gräbner-Radkowitsch, Philipp Heimberger, Jakob Kapeller and Bernhard Schütz

38-2018: The Fallacy of the natural rate of interest and Zero Lower Bound economics

Thomas Palley

37-2018: What went wrong with Italy, and what the country should now fight for in Europe

Sergio Cesaratto and Gennaro Zezza

36-2018: Revisiting debt-led and export-led growth models: a sectoral balances approach

Jan Behringer and Till van Treeck

35-2018: Making sense of Piketty's 'Fundamental Laws' in a Post-Keynesian Framework: The transitional dynamics of wealth inequality

Stefan Ederer and Miriam Rehm

34-2018: The Evolution of money debate: functionalism versus chartalism, Schumpeterian dynamics, Gresham's fallacy, and how history constrains public finance

Thomas Palley

33-2018: The economics of the super-multiplier

Thomas Palley

32-2018: Germany in fundamental macroeconomic disequilibrium - the external surplus

Jan Priewe

31-2018: Employment protection and labour market performance in European Union countries during the Great Recession

Jesus Ferreiro and Carmen Gómez

30-2018: Government Spending and the Income-Expenditure Model: The Multiplier, Spending Composition, and Job Guarantee Programs

Thomas Palley

29-2018: Short and medium term financial-real cycles: An empirical assessment

Engelbert Stockhammer, Robert Calvert Jump, Karsten Kohler and Julian Cavallero

28-2018: The "uncovered inflation rate parity" condition in a monetary union

Nicola Acocella and Paolo Pasimeni

27-2018: Financialisation and innovation in emerging economics

Halima Jibril, Annina Kaltenbrunner and Effie Kesidou

26-2018: Recovering Keynesian Phillips curve theory

Thomas Palley

25-2018: Income shares, secular stagnation, and the long-run distribution of wealth

Luke Petach and Daniele Tavani

24-2018: Distribution-led growth through methodological lenses

Michaelis Nikiforos

23-2018: Could a national wage rule stabilize the current account and functional income distribution in the Euro area?

Camille Logeay and Heike Joebges

22-2018: The role of autonomous demand growth in a neo-Kaleckian conflicting-claims framework

Won Jun Nah and Marc Lavoie

21-2018: Unemployment and growth

Thomas Palley

20-2018: Helicopter Ben, monetarism, the New Keynesian credit view and loanable funds

Brett Fiebinger and Marc Lavoie

19-2018: No one is alone: Strategic complementarities, capacity utilization, growth, and distribution

Daniele Tavani and Luke Petach

18-2018: Three globalizations, not two: Rethinking the history and economics of trade and globalization

Thomas Palley

17-2018: Further insights on endogenous money and the liquidity preference theory of interest

Marc Lavoie and Severin Reissl

16-2018: Re-theorizing the welfare state and the political economy of neoliberalism's war against it

Thomas Palley

15-2018: Demand-led growth and accommodating supply

Steven Fazzari, Piero Ferri and AnnaMaria Variato

14-2018: Distribution, wealth and demand regimes in historical perspective

Engelbert Stockhammer, Joel Rabinovich and Niall Reddy

13-2017: Will wealth become more concentrated in Europe?

Stefan Ederer and Miriam Rehm

12-2017: Economic precariousness: A new channel in the housing market cycle

Philip Arestis and Ana Rosa Gonzales-Martinez

11-2017: On theories and estimation techniques of fiscal multipliers

Sebastian Gechert

10-2017: The effect of income distribution and fiscal policy on growth, investment, and budget balance

Thomas Obst, Ozlem Onaran and Maria Nikolaidi

09-2017: Varieties of capitalism and growth regimes

Jan Behringer and Till van Treeck

08-2017: The fallacy of the globalization trilemma: reframing the political economy of globalization and implications for democracy

Thomas Palley

07-2017: The general theory at 80: reflections on the history and enduring relevance of Keynes? economics

Thomas Palley

06-2017: Opportunities and limits of rebalancing the Eurozone via wage policies

Eckhard Hein and Achim Truger

05-2017: Stagnation policy in the Eurozone and economic policy alternatives

Eckhard Hein

04-2017: Financial Cycles and fiscal multipliers

Sebastian Gechert and Rafael Mentges

03-2017: The comparative statics of effective demand

Jochen Hartwig

02-2017: Risk sharing by financial markets in federal systems: What do we really measure?

Sebastian Dullien

01-2017: Post-Keynesian macroeconomics since the mid-1990s - main developments

Eckhard Hein