Working Papers

From New School for Social Research, Department of Economics
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1702: The "Magic Square" of Economic Policy measured by a Macroeconomic Performance Index

Oliver Picek

1701: A Keynesian Dynamic Stochastic Disequilibrium model for business cycle analysis

Christian Schoder

1611: On the Possibility of an Enlarged Self-Definition of Economics

Daniyal Khan

1610: The Financialization of GDP and its Implications for Macroeconomic Debates

Jacob Assa

1609: Real Exchange Rate, Effective Demand, and Economic Growth: Theory and Empirical Evidence for Developed and Developing Countries, 1960-2010

Francisco Martínez-Hernández

1608: Capital and the Hindu rate of growth: Top Indian wealth holders 1961-1986

Rishabh Kumar

1607: Informational Performance, Competitive Capital-Market Scaling, and the Frequency Distribution of Tobin’s Q

Paulo dos Santos and Ellis Scharfenaker

1606: The Principle of Social Scaling

Paulo dos Santos

1605: Reading the General Theory as Economic Sociology: A broader interpretation of an economics classic

Daniyal Khan

1604: Euro Area Imbalances: Measuring the Contribution of Expenditure Growth and Expenditure Switching

Enno Schröder

1603: The Transvaluation of the Theory of Economic Policy: The Lucas Critique Reconsidered

Katherine Moos

1602: Expectations and Stability in the Kaleckian Growth Model

Gilberto Lima and Mark Setterfield

1601: Household Borrowing and the Possibility of “Consumption-Driven, Profit-Led Growth"

Mark Setterfield and Yk Kim

1527: On the Necessity of Money in Smith’s Commercial Society and Marx’s Commodity Producing Economy

Isabella Weber

1526: Wealth accumulation and aggregate demand stagnation in a two class economy with applications to the United States

Rishabh Kumar

1525: $1.90 Per Day: What Does it Say?

Sanjay Reddy and Rahul Lahoti

1524: Savings from top incomes and accumulation in the United States context: Results from disaggregated national accounts

Rishabh Kumar

1523: Global Development Goals: If At All, Why, When and How?

Sanjay Reddy and Ingrid Harvold Kvangraven

1522: Time variation in the size of the multiplier: a Kalecki-Harrod approach

Mark Setterfield

1521: Path Dependency

Mark Setterfield

1520: Is there a New Economic Sociology Effect? A Topic Model on the Economic Orientation of Sociology, 1890 to 2014

Adel Daoud and Sebastian Kohl

1519: A Simple Analytical Model of the Adverse Real Effects of Inflation

Eduardo Bastian and Mark Setterfield

1518: Methodological, internal and ontological inconsistencies in the conventional micro-foundation of post-Keynesian theory

Christian Schoder

1517: Real and financial crises in the Keynes-Kalecki structuralist model: An agent-based approach

William Gibson and Mark Setterfield

1516: Won’t Get Fooled Again – Or Will We? Monetary Policy, Model Uncertainty, and ‘Policy Model Complacency’

Mark Setterfield

1515: On Joan Robinson’s Abandonment of Exploitation

Daniyal Khan

1514: Uncertainty and Contradiction: An Essay on the Business Cycle

Michalis Nikiforos

1513: Braaaaaaaains! The Undead Humbug Production Function: Now With Human Capital

Michael Isaacson

1512: A national public bank to finance a euro zone government: Getting the funds for investment and recovery packages

Oliver Picek

1511: Intermediation, Money Creation, and Keynesian Macrodynamics in Multi-agent Systems

William Gibson and Mark Setterfield

1510: Who Got What, Then And Now? A Fifty Year Overview From The Global Consumption And Income Project

Arjun Jayadev, Rahul Lahoti and Sanjay G. Reddy

1509: Is there scientific progress in macroeconomics? The case of the NAIRU

Dany Lang and Mark Setterfield

1508: Eurozone Imbalances: Measuring the Contribution of Expenditure Switching and Expenditure Volumes 1990-2013

Enno Schröder

1507: A Quantal Response Model of Firm Competition

Ellis Scharfenaker

1506: Thrift, stagnation and wealth distribution in a two class economy with applications to the United States

Rishabh Kumar

1505: A Cost of Production Model for Bitcoin

Adam Hayes

1504: The Decision to Produce Altcoins: Miners' Arbitrage in Cryptocurrency Markets

Adam Hayes

1503: Heterodox economics, social ontology, and the use of mathematics

Mark Setterfield

1502: Smith, Malthus and Recent Evidence in Global Population Dynamics

Xiao Jiang and Luis Villanueva

1501: Financial Output as Economic Input: Resolving the Inconsistent Treatment of Financial Services in the National Accounts

Jacob Assa

1406: What Factors Give Cryptocurrencies Their Value: An Empirical Analysis

Adam Hayes

1405: Multi-Agent Systems as a Tool for Analyzing Path-Dependent Macrodynamics

Mark Setterfield and Shyam Gouri Suresh

1404: Inequality, Debt Servicing, and the Sustainability of Steady State Growth

Mark Setterfield, Yk Kim and Jeremy Rees

1403: Rising Income Inequality, Increased Household Indebtedness, and Post Keynesian Macrodynamics

Mark Setterfield

1402: The Global Consumption and Income Project (GCIP): An Overview

Rahul Lahoti, Arjun Jayadev and Sanjay Reddy

1401: Business Confidence and Macroeconomic Dynamics in a Nonlinear Two-Country Framework with Aggregate Opinion Dynamics

Matthieu Charpe, Carl Chiarella, Peter Flaschel and Christian Proaño

1307: Migration feedback effects in networks: an agent-based model

Miriam Rehm and Asjad Naqvi

1306: Effective demand, exogenous normal utilization and endogenous capacity in the long run. Evidence from a CVAR analysis for the US

Christian Schoder

1305: Financialisation and Labour: What does Marikana tell us about Inequality in South Africa?

Rex McKenzie

1304: Financial Stress, Sovereign Debt and Economic Activity in Industrialized Countries: Evidence from Nonlinear Dynamic Panels

Christian Proaño, Christian Schoder and Willi Semmler