Economics Working Paper Archive

From Levy Economics Institute
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wp_257: Is Keynesianism Institutionalist?: An Irreverent Overview of the History of Money from the Beginning of the Beginning to the Present

L. Randall Wray

wp_256: The Minimum Wage in Historical Perspective: Progressive Reformers and the Constitutional Jurisprudence of 'Liberty of Contract

Oren M. Levin-Waldman

wp_255: Economic Time

John Henry and L. Randall Wray

wp_254: Toward a New Instrumental Macroeconomics: Abba Lerner and Adolph Lowe on Economic Method, Theory, History, and Policy

Mathew Forstater

wp_253: Finance and the Macroeconomic Process in a Classical Growth and Cycles Model

Jamee K. Moudud

wp_252: Modern Money

L. Randall Wray

wp_251: Paul Davidson's Economics

Richard P. F. Holt, J. Barkley Rosser and L. Randall Wray

wp_250: Explaining Long-Term Exchange Rate Behavior in the United States and Japan

Anwar Shaikh and Rania Antonopoulos

wp_249: The American Wage Structure, 1920-1947

Thomas Ferguson and James K. Galbraith

wp_248: Can Expenditure Cuts Eliminate a Budget Deficit?: The Australian Experience

George Argyrous

wp_247: 'Inability to Be Self-reliant' as an Indicator of U.S. Poverty: Measurement, Comparisons, and Implications

Robert Haveman and Andrew Bershadker

wp_246: Derivatives and Global Capital Flows: Applications to Asia

Jan Kregel

wp_245: Reciprocity and the Guaranteed Income

Karl Widerquist

wp_244: Can Taxes and Bonds Finance Government Spending?

Stephanie Bell

wp_243: State Type and Congressional Voting on the Minimum Wage

Oren M. Levin-Waldman

wp_242: Money and Credit in a Keynesian Model of Income Determination

Wynne Godley

wp_241: Optimal Financing by Money and Taxes of Productive and Unproductive Government Spending: Effects on Economic Growth, Inflation, and Welfare

David Aschauer

wp_240: The Place of Cultural Explanations and Historical Specificity in Discussions of Modes of Incorporation and Segmented Assimilation

Joel Perlmann

wp_239: An Ethical Framework for Cost-Effective Medicine: Confronting the Risks in Managed Care

Walter M. Cadette

wp_238: The Macroeconomics of Industrial Strategy

Philip Arestis and Malcolm Sawyer

wp_237: Speed of Technical Progress and Length of the Average Interjob Period

William Baumol and Edward Wolff

wp_236: An Important Inconsistency at the Heart of the Standard Macroeconomic Model

Wynne Godley and Anwar Shaikh

wp_235: East Asia Is Not Mexico: The Difference between Balance of Payments Crises and Debt Deflations

Jan Kregel

wp_234: Yes, 'It' Did Happen Again: A Minsky Crisis Happened in Asia

Jan Kregel

wp_233: Public Capital and Economic Growth: Issues of Quantity, Finance, and Efficiency

David Aschauer

wp_232: The Asian Disease: Plausible Diagnoses, Possible Remedies

Martin Mayer

wp_231: The Hierarchy of Money

Stephanie Bell

wp_230: The Romance of Assimilation: Studying the Demographic Outcomes of Ethnic Intermarriage in American History

Joel Perlmann

wp_229: E Pluribus Unum: Bilingualism and Language Loss in the Second Generation

Alejandro Portes and Lingxin Hao

wp_228: Education's Hispanic Challenge

Georges Vernez

wp_227: The Japanese Financial Crisis, Corporate Governance, and Sustainable Prosperity

William H. Lazonick

wp_226: The Political Economy of Corporate Governance in Germany

Mary O'Sullivan

wp_225: The Development and Reform of the Modern International Financial System

L. Randall Wray

wp_224: The Diagnostic Imaging Equipment Industry: What Prognosis for Good Jobs?

Chris Tilly

wp_223: The Kaleckian Analysis and the New Millennium

Malcolm Sawyer

wp_222: Money and Taxes: The Chartalist Approach

L. Randall Wray

wp_221: Policy Innovation as a Discovery Procedure: Exploring the Tacit Fringes of the Policy Formulation Process

Mathew Forstater

wp_220: Employment Policy, Community Development, and the Underclass

Dimitri Papadimitriou

wp_219: Linking the Minimum Wage to Productivity

Oren M. Levin-Waldman

wp_218: Selective Use of Discretionary Public Employment and Economic Flexibility

Mathew Forstater

wp_217: The Economic Contributions of Hyman Minsky: Varieties of Capitalism and Institutional Reform

Dimitri Papadimitriou and L. Randall Wray

wp_216: The Impact of Racial Segregation on the Education and Work Outcomes of Second Generation West Indians in New York City

Mary C. Waters

wp_215: Achievement and Ambition among Children of Immigrants in Southern California

Rubin Rumbaut

wp_214: The School to Work Transition of Second Generation Immigrants in Metropolitan New York: Some Preliminary Findings

John Mollenkopf, Philip Kasinitz, Mary C. Waters, Nancy Lopez and Dae Young Kim

wp_213: Government as Employer of Last Resort: Full Employment without Inflation

L. Randall Wray

wp_212: An Efficiency Argument for the Guaranteed Income

Karl Widerquist and Michael A. Lewis

wp_211: Income Distribution, Macroeconomic Analysis and Barriers to Full Employment

Malcolm Sawyer

wp_210: The Effects of Immigrants on African-American Earnings: A Jobs-Level Analysis of the New York City Labor Market, 1979-1989

David Howell and Elizabeth J. Mueller

wp_209: Cumulative Regional Decline, Institutional Inadequacy, and the 'Democratic Deficit': Is European Monetary Union Economically and Politically Sustainable?

Andrew Paulson

wp_208: On Budget Deficits and Capital Expenditure

Malcolm Sawyer