Economics Working Paper Archive

From Levy Economics Institute
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wp_1102: No More than Double: Can a Single Rule Tame Capitalism?

Lorenzo Esposito and Giuseppe Mastromatteo

wp_1101: Currencies Come and Go, but Employment Always Takes Root: Rethinking External Constraints and Monetary Sovereignty in the Periphery

Esteban Cruz-Hidalgo, Stuart Medina-Miltimore and Agustin Mario

wp_1100: The Death of the Social Contract and the Enshittification of Jobs

Pavlina Tcherneva

wp_1099: A Stock-Flow Consistent Model of Emulation, Debt, and Personal Income Inequality

Francesco Ruggeri, Riccardo Pariboni and Giuliano Toshiro Yajima

wp_1098: Creative Destruction Meets Financial Instability: Toward a New Synthesis

Leonardo Burlamaqui

wp_1097: How Fiscal Policy Matters: An Empirical Analysis of the "Crowding-In" Effects of Public Infrastructure Investment in India

Venkat Hariharan Asha, Ajay Ojha, Sutharson T and Lekha S. Chakraborty

wp_1096: Gender Norms and Women's Employment During the COVID-19 Pandemic: Evidence from India

Amit Basole, M. K. Shravan and R. Vijayamba

wp_1095: A Short History of MGNREGA: Twenty Years in Ten Charts

Jean Dreze and Rahul R.

wp_1094: Lebanon's Eventual Transition to a Floating Exchange Rate System: Balancing Flexibility with Stability

Roudy Sassine

wp_1093: "Trapped Inside a World of Labor": Gender Gaps in Agricultural Productivity and Reproductive Labor in Malawi

A. Haroon Akram-Lodhi

wp_1092: Recent Initiatives in Improving the Collection of Time-use Data for Measuring Work: Some Issues

Indira Hirway

wp_1091: Banking on Payments?

Joerg Bibow

wp_1090: Education and Economic Isolation: The Gaza Blockade's Role in Shaping Returns to Education in Palestine

Yousuf Daas, Sameh Hallaq, Danilo Leite Dalmon and Jennifer Olmsted

wp_1089: Rising Temperatures, Falling Yields: The Effect of Climate Shocks on Olive Oil Production in Palestine

Yousuf Daas, Sameh Hallaq, Kenichi Kashiwagi and Keiichi Ogawa

wp_1088: The Job Guarantee: Lessons from Argentina’s Jefes Plan and Its Reform

Agustin Mario

wp_1087: A Model of External Debt Sustainability and Monetary Hierarchy

Nicolas M. Burotto

wp_1086: Financial Fragility Without Financial Instability: Reform in the Chinese Banking System: Zhu Rongji's and Its Aftermath

Leonardo Burlamaqui

wp_1085: Fiscal Deficit and Term Structure of Interest Rate Links on Corporate Investment: Analyzing the Post-Pandemic Monetary Policy Transmission Using Indian High Frequency Data

Lekha S. Chakraborty and C. Prasanth

wp_1084: MMT: Heuristics versus Paradigm Shift?

L. Randall Wray

wp_1083: Integrating the Social Reproduction of Labor into Macroeconomic Theory: Unpaid Caregiving and Productivity in Paid Production

Mark Setterfield

wp_1082: Growth vs. Discipline: Italy's Fiscal Dilemmas in a Stock-Flow Consistent Model

Francesco Zezza and Gennaro Zezza

wp_1081: The Rise and Rise of Feminist Macroeconomics: Who's Recognizing?

Günseli Berik and Ebru Kongar

wp_1080: Protecting Social Security: The Case Against Extending the Full Retirement Age

Edward Lane

wp_1079: Job Allocation in the Levy Institute Microsimulation Model

Brandon Istenes

wp_1078: "A Concentration of Private Power without Equal in History": Economic Concentration and the Investigations of the Temporary National Economic Committee (1938-41)

William Van Lear and Daniel Hutchinson

wp_1077: A Critical Examination of the "China Collapse" Narrative

Yan Liang

wp_1076: The Rise of the Modern Monetary System: An Integration of the Credit and State Money Approaches

L. Randall Wray

wp_1075: The High Cost of the Strong Peso and Its Temporary Nature: The Case of Mexico

Arturo Huerta G.

wp_1074: Political Conflict, Green Capabilities, and Growth Patterns in a Kaleckian Small Open Economy

Jose Eduardo Alatorre, Gabriel Porcile, Julia Juarez and Juan Carlos Moreno-Brid

wp_1073: Frankenstein in Fact and Fiction

Robert Skidelsky

wp_1072: Macro-Financial Models of Canadian Dollar Interest Rate Swap Yields

Tanweer Akram and Khawaja Mamun

wp_1071: Tilting at Windmills: The Economics and Politics of Inflation-Fighting

James K. Galbraith and Pavlina Tcherneva

wp_1070: Notes on Money as Technology

Raul A. Carrillo

wp_1069: Tax Credits Are Industrial Policy: Answering the Derisking Critique on Discipline and Investment

Chirag Lala

wp_1068: Monetary Power and Vulnerability to Sovereign Debt Crises: Rethinking the Global Financial Architecture

Karina Lima

wp_1067: Revisiting the Foreign Debt Problem and the "External Constraint" in the Periphery: An MMT Perspective

Ndongo Samba Sylla

wp_1066: Job Guarantee Program and the Kaleckian Dilemma: Lessons from the Rehn-Meidner Plan

Caio Vilella and Eduardo F. Bastian

wp_1065: Resource Constraints and Economic Policy

Yeva Nersisyan

wp_1064: Seismic Shifts in Economic Theory and Policy from the Bernanke Doctrine to Modern Money Theory

Pavlina Tcherneva and Eric Tymoigne

wp_1063: Fiscal and Monetary Policy in an SFC Model of the Italian Economy

Francesco Zezza

wp_1062: The Value of Money: A Survey of Heterodox Approaches

L. Randall Wray

wp_1061: Modern Money Theory on Fiscal and Monetary Policies: Empirics, Theory and Policymaking

Eric Tymoigne

wp_1060: The Job Guarantee: MMT's Proposal for Full Employment and Price Stability

Pavlina Tcherneva

wp_1059: Three Lessons from Government Spending and the Post-Pandemic Recovery

Pavlina Tcherneva

wp_1058: The Origins of the Platonic Approach to Monetary Systems: Retracing European and Chinese Monetary Thoughts on Chartalism, Nominalism, and the Origins of Monetary Systems

Eric Tymoigne

wp_1057: Rise and Fall of Mexican Super Peso: Heterodox Perspective versus Orthodoxy

Laura Lisset Montiel-Orozco

wp_1056: Federal Tax Transfers and Demographic Transition: Balancing Equity and Efficiency

Lekha S. Chakraborty and Yadawendra Singh

wp_1055: The Relation Between Budget Deficits and Growth: Complicated but Clear

L. Randall Wray and Eric Lin

wp_1054: Gender-Responsive Public Financial Management: The Indian Chronology of Gender Budgeting

Lekha S. Chakraborty

wp_1053: Foreign Deficit and Economic Policy: The Case of Mexico

Arturo Huerta G.