Working Papers

From New School for Social Research, Department of Economics
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2303: International Trade, Global Inequality and Specialization from a Political Economy Perspective

Clara Brenck and Duncan Foley

2302: Post-Keynesian growth theory and the supply side: a feminist-structuralist approach

Mark Setterfield

2301: Achieving two policy targets with one policy instrument: heterogeneous expectations, countercyclical fiscal policy, and macroeconomic stabilization at the effective lower bound

Gilberto Lima, Mark Setterfield and Jaylson Jair da Silveira

2212: Inequality, Debt Dynamics and the Incidence of Tax Rates: Addressing Macroeconomic Instability in a Post Keynesian Model

Clara Zanon Brenck

2211: The Informational Index of Income Inequality

Paulo L. dos Santos

2210: How Financially Fragile can Households Become? Household Borrowing, the Welfare State, and Macroeconomic Resilience

Mark Setterfield and Y.K. Kim

2209: Inflation and distribution during the post-COVID recovery: a Kaleckian approach

Mark Setterfield

2208: On the Long-Run Neutrality of Profits-Wages Ratios in the Determination of International Relative Prices Under Absolute Advantages

Luis Daniel Torres-Gonzalez, Jacobo Ferrer-Hernandez and Adrian Martınez

2207: Fundamental Uncertainty as Model Uncertainty

Owen F. Davis

2206: The crooked timber that bore fruit: Peruvian fascist intellectuals of the 1930s and the echoes of their influence nowadays

César Castillo-García

2205: Waves of Neoliberalism: Revisiting the Authoritarian patterns of capitalism in South America (1940-1990), part I

César Castillo-García

2204: Historical Time and the Current State of Post-Keynesian Growth Theory

Ettore Gallo and Mark Setterfield

2203: When is the Long Run? – Historical Time and Adjustment Periods in Demand-led Growth Models

Ettore Gallo

2202: Factor Income Distribution and Capital Accumulation in Peru, 1940-2019

César Castillo-García

2201: Structural change in the US Phillips curve, 1948-2021: the role of power and institutions

Mark Setterfield and Robert Blecker

2120: Neoliberalism: An entrenched but exhausted growth regime

Mark Setterfield

2119: Eigenvalues and Eigenlabors: On Iliadi’s, Mariolis’, Soklis’, and Tsoulfidis’ Explanation of the Empirical Regularities in Price Curves

Jacobo Ferrer-Hernández and Luis Daniel Torres-González

2118: The network origins of aggregate fluctuations: a demand-side approach

Emanuele Citera, Shyam Gouri Suresh and Mark Setterfield

2117: How Short is the Short Run in the Neo-Kaleckian Growth Model?

Ettore Gallo

2116: Stock Returns, Market Trends, and Information Theory: A Statistical Equilibrium Approach

Emanuele Citera

2115: Social Labor vs Human Capital: Competing Theories of Skills

Kyle Glenn

2114: How Do We Choose? Towards an Alternative Theory of Consumer Behavior

Kyle Glenn

2113: The First Harrod Problem and Human Capital Formation

Gustavo Pereira Serra

2112: Household Debt, Student Loan Forgiveness, and Human Capital Investment: a neo-Kaleckian Approach

Gustavo Pereira Serra

2111: Harrodians and Kaleckians: a suggested reconciliation and synthesis

Mark Setterfield

2110: Standing in the Way of Rigor? Economics’ Meeting with the Decolonizing Agenda

Ingrid Harvold Kvangraven and Surbhi Kesar

2107: COVID-19 and the Impact on Debt: Policy Implications

Thouraya Bahri and Aditya Singh

2106: Debt-led growth and its financial fragility: an investigation into the dynamics of a supermultiplier model

Joana David Avritzer

2105: Contemporary Macroeconomic Outcomes: A Tragedy in Three Acts

Peter Flaschel, Sigrid Luchtenberg, Hagen Kramer, Christian Proaño and Mark Setterfield

2104: Gender and Covid-19: Workers in global value chains

Sheba Tejani and Sakiko Fukuda-Parr

2103: Kaleckian Investment and Employment Cycles in Postwar Industrialized Economies

Peter Flaschel, Reiner Franke and Willi Semmler

2102: The Twin Endogeneities Hypothesis: A Theory of Central Bank Evolution

Daniyal Khan

2101: Whatever happened to the 'Goodwin pattern'? Profit Squeeze Dynamics in the Modern American Labour market

Mark Setterfield

2016: The Characteristics of the Productive Structure Behind the Empirical Regularities in Production Prices Curves

Luis Daniel Torres-González

2014: Eigenvalue distribution, matrix size and the linearity of wage-profit curves

Anwar Shaikh, Luiza Nassif Pires and José Alejandro Coronado

2013: Corridor stability of the Kaleckian growth model: a Markov-switching approach

Brian Hartley

2012: A sectoral approach to measuring output gap: Evidence from 20 US sectors over 1948-2019

Remzi Baris Tercioglu

2011: On Multi-Sector and Multi-Technique Models, Production Functions and Goodwin Cycles: A Reply to Libman

Robert Blecker and Mark Setterfield

2010: A Note on “Heterodox Macroeconomics” by Blecker and Setterfield

Emiliano Libman

2009: Political Aspects of ‘Buffer Stock’ Employment: A Reconsideration

Peter Kriesler, Joseph Halevi and Mark Setterfield

2007: 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

2006: A Predator-Prey Model of Unemployment and W-shaped Recession in the COVID-19 Pandemic

Maria Cristina Barbieri Góes and Ettore Gallo

2005: Inventories, Debt Financing and Investment Decisions: A Bayesian Analysis for the US Economy

Ettore Gallo and Gustavo Pereira Serra

2004: Estimation of a long run regime for growth and demand through different filtering methods

Joana David Avritzer

2003: Price-Value Deviations and the Labor Theory of Value. Evidence from 42 Countries, 2000-2017

B. Güney Işıkara and Patrick Mokre

2002: Editorial to the special issue: The monetary economics of Basil J. Moore

Mark Setterfield

2001: Economic Production as Life: A Classical Approach to Computational Social Science

Oriol Valles Codina

1913: The Econ in Econophysics

Anwar Shaikh

1912: A Behavioral Foundation for Commonly Observed Distributions of Financial and Economic Data

Keith Blackwell

1911: The Precariat Class Structure and Income Inequality Among US Workers: 1980-2018

Joshua Greenstein