Economics Working Paper Archive

From Levy Economics Institute
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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

wp_699: Trade and Payments Theory in a Financialized Economy

Michael Hudson

wp_698: $29,000,000,000,000: A Detailed Look at the Fed's Bailout by Funding Facility and Recipient

James Felkerson

wp_697: Distribution and Growth: A Dynamic Kaleckian Approach

Fabrizio Patriarca and Claudio Sardoni

wp_696: Time Use of Mothers and Fathers in Hard Times and Better Times: The US Business Cycle of 2003-10

Günseli Berik and Ebru Kongar

wp_695: Orthodox versus Heterodox (Minskyan) Perspectives of Financial Crises: Explosion in the 1990s versus Implosion in the 2000s

Jesús Muñoz

wp_694: Reducing Economic Imbalances in the Euro Area: Some Remarks on the Current Stability Programs, 2011–14

Gregor Semieniuk, Till van Treeck and Achim Truger

wp_692: Quality of Match for Statistical Matches Used in the Development of the Levy Institute Measure of Time and Income Poverty (LIMTIP) for Argentina, Chile, and Mexico

Thomas Masterson

wp_691: Unpaid and Paid Care: The Effects of Child Care and Elder Care on the Standard of Living

Kijong Kim and Rania Antonopoulos

wp_690: The Measurement of Time and Income Poverty

Ajit Zacharias

wp_689: Effects of Legal and Unauthorized Immigration on the US Social Security System

Selcuk Eren, Hugo Benitez-Silva and Eva Carceles-Poveda

wp_688: An Unblinking Glance at a National Catastrophe and the Potential Dissolution of the Eurozone: Greece’s Debt Crisis in Context

C. J. Polychroniou

wp_687: Access to Markets and Farm Efficiency: A Study of Rice Farms in the Bicol Region, Philippines

Sanjaya DeSilva

wp_686: Estimating the Impact of the Recent Economic Crisis on Work Time in Turkey

Emel Memis and S. A. Kaya Bahce

wp_685: Quantitative Easing, Functional Finance, and the "Neutral" Interest Rate

Alfonso Palacio-Vera

wp_684: Central Banking in an Era of Quantitative Easing

Andrew Sheng

wp_683: Permanent and Selective Capital Account Management Regimes as an Alternative to Self-Insurance Strategies in Emerging-market Economies

Jörg Bibow

wp_682: Infinite-variance, Alpha-stable Shocks in Monetary SVAR: Final Working Paper Version

Greg Hannsgen

wp_681: Lessons We Should Have Learned from the Global Financial Crisis but Didn't

L. Randall Wray

wp_680: The Levy Institute Measure of Economic Well-Being: Estimates for Canada, 1999 and 2005

Andrew Sharpe, Alexander Murray, Benjamin Evans and Elspeth Hazell

wp_679: The Levy Institute Measure of Economic Well-Being, France, 1989 and 2000

Thomas Masterson, Ajit Zacharias, Selcuk Eren and Edward Wolff

wp_678: What Ended the Great Depression? Reevaluating the Role of Fiscal Policy

Nathan Perry and Matías Vernengo

wp_677: The Global Crisis and the Remedial Actions: A Nonmainstream Perspective

Sunanda Sen

wp_676: Quality of Match for Statistical Matches Used in the 1989 and 2000 LIMEW Estimates for France

Thomas Masterson

wp_675: The Rise and Fall of Export-led Growth

Thomas Palley

wp_674: Institutional Prerequisites of Financial Fragility within Minsky's Financial Instability Hypothesis: A Proposal in Terms of 'Institutional Fragility'

Christine Sinapi

wp_673: Effective Demand in the Recent Evolution of the US Economy

Julio Lopez-Gallardo and Luis Reyes-Ortiz

wp_672: Income Distribution in a Monetary Economy: A Ricardo-Keynes Synthesis

Nazim Ekinci

wp_671: Public Job-creation Programs: The Economic Benefits of Investing in Social Care. Case Studies in South Africa and the United States

Rania Antonopoulos and Kijong Kim

wp_670: The Product Space: What Does It Say About the Opportunities for Growth and Structural Transformation of Sub-Saharan Africa?

Arnelyn Abdon and Jesus Felipe