Economics Working Paper Archive

From Levy Economics Institute
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wp_751: Arresting Financial Crises: The Fed versus the Classicals

Thomas M. Humphrey

wp_750: Endogenous Bank Credit and Its Link to Housing in OECD Countries

Philip Arestis and Ana Rosa Gonzalez

wp_749: Weak Expansions: A Distinctive Feature of the Business Cycle in Latin America and the Caribbean

Esteban Perez Caldentey, Daniel Titelman and Pablo Carvallo

wp_746: Finance-dominated Capitalism and Redistribution of Income: A Kaleckian Perspective

Eckhard Hein

wp_745: Stock-flow Consistent Modeling through the Ages

Eugenio Caverzasi and Antoine Godin

wp_744: Interest Rate Determination in India: Empirical Evidence on Fiscal Deficit--Interest Rate Linkages and Financial Crowding Out

Lekha Chakraborty

wp_743: Investment, Financial Markets, and Uncertainty

Philip Arestis, Ana Rosa González and Oscar Dejuan

wp_742: ECB Worries/European Woes: The Economic Consequences of Parochial Policy

Robert J. Barbera and Gerald Holtham

wp_741: Primary and Secondary Markets

Egmont Kakarot-Handtke

wp_740: Conflicting Claims in the Eurozone? Austerity's Myopic Logic and the Need for a European Federal Union in a Post-Keynesian Eurozone Center-Periphery Model

Alberto Botta

wp_739: On the Utilization Controversy: A Theoretical and Empirical Discussion of the Kaleckian Model of Growth and Distribution

Michalis Nikiforos

wp_738: At the Crossroads: The Euro and Its Central Bank Guardian (and Savior?)

Jörg Bibow

wp_737: The (Normal) Rate of Capacity Utilization at the Firm Level

Michalis Nikiforos

wp_736: A Meme for Money

L. Randall Wray

wp_735: The Impact of Financial Reform on Federal Reserve Autonomy

Bernard Shull

wp_734: The Crisis of Finance-dominated Capitalism in the Euro Area: Deficiencies in the Economic Policy Architecture and Deflationary Stagnation Policies

Eckhard Hein

wp_733: Innovation and Finance: An SFC Analysis of Great Surges of Development

Alessandro Caiani, Antoine Godin and Stefano Lucarelli

wp_732: Beyond Full Employment: The Employer of Last Resort as an Institution for Change

Pavlina Tcherneva

wp_731: The Common Error of Common Sense: An Essential Rectification of the Accounting Approach

Egmont Kakarot-Handtke

wp_730: Diversity and Uniformity in Economic Theory as an Explanation of the Recent Economic Crisis

Jan Kregel

wp_729: Veblen's Institutionalist Elaboration of Rent Theory

Michael Hudson

wp_728: Toward an Understanding of Crises Episodes in Latin America: A Post-Keynesian Approach

Esteban Perez Caldentey and Matías Vernengo

wp_727: Simulations of Full-Time Employment and Household Work in the Levy Institute Measure of Time and Income Poverty (LIMTIP) for Argentina, Chile, and Mexico

Thomas Masterson

wp_726: Time Use of Mothers and Fathers in Hard Times: The US Recession of 2007-09

Günseli Berik and Ebru Kongar

wp_725: Problems with Regional Production Functions and Estimates of Agglomeration Economies: A Caveat Emptor for Regional Scientists

Jesus Felipe and John McCombie

wp_724: Post-Keynesian Institutionalism after the Great Recession

Charles J. Whalen

wp_723: Fiscal Policy, Unemployment Insurance, and Financial Crises in a Model of Growth and Distribution

Greg Hannsgen

wp_722: Guaranteed Green Jobs: Sustainable Full Employment

Antoine Godin

wp_721: The Euro Debt Crisis and Germany's Euro Trilemma

Jörg Bibow

wp_720: What Are the Driving Factors behind the Rise of Spreads and CDSs of Euro-area Sovereign Bonds? A FAVAR Model for Greece and Ireland

Nicholas Apergis and Emmanuel Mamatzakis

wp_719: Reorienting Fiscal Policy after the Great Recession

Pavlina Tcherneva

wp_718: Aggregate Production Functions and the Accounting Identity Critique: Further Reflections on Temple's Criticisms and Misunderstandings

Jesus Felipe and John McCombie

wp_717: Introduction to an Alternative History of Money

L. Randall Wray

wp_716: Measuring Macroprudential Risk through Financial Fragility: A Minskyan Approach

Eric Tymoigne

wp_715: Tracking the Middle-income Trap: What Is It, Who Is in It, and Why?

Jesus Felipe, Arnelyn Abdon and Utsav Kumar

wp_714: Managing Global Financial Flows at the Cost of National Autonomy: China and India

Sunanda Sen

wp_713: Control of Finance as a Prerequisite for Successful Monetary Policy: A Reinterpretation of Henry Simons's Rules versus Authorities in Monetary Policy

Thorvald Moe

wp_712: Shadow Banking and the Limits of Central Bank Liquidity Support: How to Achieve a Better Balance between Global and Official Liquidity

Thorvald Moe

wp_711: Global Financial Crisis: A Minskyan Interpretation of the Causes, the Fed's Bailout, and the Future

L. Randall Wray

wp_710: The European Central Bank and Why Things Are the Way They Are: A Historic Monetary Policy Pivot Point and Moment of (Relative) Clarity

Robert Dubois

wp_709: Too Big to Fail: Motives, Countermeasures, and the Dodd-Frank Response

Bernard Shull

wp_708: The Road to Debt Deflation, Debt Peonage, and Neofeudalism

Michael Hudson

wp_707: The Euro Crisis and the Job Guarantee: A Proposal for Ireland

L. Randall Wray

wp_706: Inflationary and Distributional Effects of Alternative Fiscal Policies: An Augmented Minskyan-Kaleckian Model

Pavlina Tcherneva

wp_705: What Do Poor Women Want? Public Employment or Cash Transfers? Lessons from Argentina

Pavlina Tcherneva

wp_704: Imbalances? What Imbalances? A Dissenting View

L. Randall Wray

wp_703: A Comparison of Inequality and Living Standards in Canada and the United States Using an Expanded Measure of Economic Well-Being

Edward Wolff, Ajit Zacharias, Thomas Masterson, Selcuk Eren, Andrew Sharpe and Elspeth Hazell

wp_702: The Euro Imbalances and Financial Deregulation: A Post-Keynesian Interpretation of the European Debt Crisis

Esteban Perez-Caldentey and Matías Vernengo

wp_701: Women, Schooling, and Marriage in Rural Philippines

Sanjaya DeSilva and M. Mehrab Bakhtiar

wp_700: Is There Room for Bulls, Bears, and States in the Circuit?

L. Randall Wray